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Ford to pay fourth-quarter dividend

by
The Ford Motor Company's emblem is pictured at the company's factory in Almussafes near Valencia September 5, 2012. REUTERS/Heino Kalis
The Ford Motor Company's emblem is pictured at the company's factory in Almussafes near Valencia September 5, 2012. REUTERS/Heino Kalis

DEARBORN (WKZO) -- At its monthly meeting yesterday, Ford Motor Company announced it will pay a fourth-quarter dividend of five-cents per share.

The Dearborn-based automaker restored dividends in the first quarter of the year marking the first time dividends were paid since 2006.  In the meantime, there is no official word about a successor for CEO Alan Mulally who is expected to retire near the end of next year.

Mark Fields is the most likely candidate to be tagged for the position.

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