http://money.cnn.com/2011/12/08/news....htm?iid=HP_LN
Not sure if I saw this posted previously.........
http://money.cnn.com/2011/12/08/news....htm?iid=HP_LN
Not sure if I saw this posted previously.........
Stangs United: We Have More Horsepower Than You
It wasn't me. Ask the monkey.
- Anonymous -
“Republicans believe every day is the Fourth of July, but the democrats believe every day is April 15.”
― Ronald Reagan
Disclaimer: With all do respect, and I mean all due respect, you are an idiot.
Boston Mike ®
Yes you did, in 2006.Originally Posted by Boston Mike
This is great news, and shows their confidence in the long-term business.
"Live every day as if it were your last. One day, you'll be right."
"The specialists learns more and more, about less and less, until he knows everything about nothing. The generalist learns less and less, about more and more, until he knows nothing about everything."
So why did the stock go down it was even halted on the exchange today?
Cool! The stock has been sliding so maybe they decided now is the time to re-engage the market with dividends. On June 7 Ford said "[they] expect to achieve investment grade in the near-term and resume paying dividends as appropriate thereafter." Also, most debt has been paid off and the rest restructured to better rates so I guess they felt it was time. Debt is essential to lever growth so they are hopefully striking a good balance.
Mike, how does this look to you given their debt-structure, earnings, expense, expansion/investment, etc plans
Actually, 5-cents on $10.75 closing today is only a 0.465% (1.86%/yr) ...not exactly a celebratory div but might caugh-up some money market watchers given potential growth of both div and stock?
68fastback™ ;-)
“When you tear out a man’s tongue you are not proving him a liar, you’re only telling the world that you fear what he might say” -- George R. R. Martin
MAKE AMERICA GREAT AGAIN, AGAIN! .
Veritas vos Luberabit(the truth will set you free)
I think it's just further proof that they are on fairly sound footing. I hope they don't get to investment grade, as that would likely cause a drop in the yield on their VRDNs, which I like. Ford Interest Advantage. But they had to come up with a div yielding better than that (1.26% currently for >50k balances).Cool! The stock has been sliding so maybe they decided now is the time to re-engage the market with dividends. On June 7 Ford said "[they] expect to achieve investment grade in the near-term and resume paying dividends as appropriate thereafter." Also, most debt has been paid off and the rest restructured to better rates so I guess they felt it was time. Debt is essential to lever growth so they are hopefully striking a good balance.
Mike, how does this look to you given their debt-structure, earnings, expense, expansion/investment, etc plans
Actually, 5-cents on $10.75 closing today is only a 0.465% (1.86%/yr) ...not exactly a celebratory div but might caugh-up some money market watchers given potential growth of both div and stock?
Stangs United: We Have More Horsepower Than You
It wasn't me. Ask the monkey.
- Anonymous -
“Republicans believe every day is the Fourth of July, but the democrats believe every day is April 15.”
― Ronald Reagan
Disclaimer: With all do respect, and I mean all due respect, you are an idiot.
Boston Mike ®
Good point re investment grade ...that makes sense.
I'm also thinking the stock has mid-/upper-teens potential given the financials -- tho the buyer determines that -lol.
68fastback™ ;-)
“When you tear out a man’s tongue you are not proving him a liar, you’re only telling the world that you fear what he might say” -- George R. R. Martin
MAKE AMERICA GREAT AGAIN, AGAIN! .
Veritas vos Luberabit(the truth will set you free)
Should I buy some Ford stock now?
I heard TG is buying everyone a 1000 shares for Christmas.Should I buy some Ford stock now?
2015 F-150 XLT SuperCrew FX4 w/2.7EB in Magnetic
20xx GT350?
I heard TG is buying everyone a 1000 shares for Christmas.
Thanks Santa TG!
Stangs United: We Have More Horsepower Than You
68fastback™ ;-)
“When you tear out a man’s tongue you are not proving him a liar, you’re only telling the world that you fear what he might say” -- George R. R. Martin
MAKE AMERICA GREAT AGAIN, AGAIN! .
Veritas vos Luberabit(the truth will set you free)
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote
