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Tags: Ford | auto | dividend | spending

Ford Aims for Higher Spending, Dividend Boost by Mid-Decade

Wednesday, 14 August 2013 01:28 PM

Ford Motor Co. laid out a more ambitious mid-decade plan that includes a 25 percent increase in projected capital spending, to take advantage of growing automotive demand worldwide, as well as the possibility of a higher dividend.

The No. 2 U.S. automaker expects capital expenditures to be around $7.5 billion by mid-decade, up from its previous aim of $6 billion, Ford said in an investor presentation.

Ford also plans to return more capital to shareholders in the form of a dividend that would increase with the company's earnings and could be sustained even during an economic downturn.

 

© 2022 Thomson/Reuters. All rights reserved.


Companies
Ford Motor Co. laid out a more ambitious mid-decade plan that includes a 25 percent increase in projected capital spending, to take advantage of growing automotive demand worldwide, as well as the possibility of a higher dividend.
Ford,auto,dividend,spending
97
2013-28-14
Wednesday, 14 August 2013 01:28 PM
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