Is Ford's 4% Dividend Yield Safe?
Ford Motor Company (NYSE: F) is one of the largest and oldest automakers in the world. The company has been paying dividends to its shareholders since it went public in 1956 and currently offers a generous dividend yield of roughly 4% on an annualized basis.
However, Ford also has a history of cutting its dividend during periods of financial distress, such as the 2008 to 2009 global financial crisis and the 2020 COVID-19 pandemic. As a result, passive-income investors might be wondering whether Ford's dividend program can withstand a marked economic downturn in the second half of 2023.
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Source Fool.com
