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On Thursday morning, Ford Motor Company Liquid error: internal released its fourth quarter financial results, reporting a 98% drop in quarterly profits.
Ford’s CEO Mark Fields commented: “2014 was a solid yet challenging year for Ford — with our investments and a record number of new products launched around the world positioning us for strong growth this year and beyond.”
Ford will pay its next 15 cent dividend on March 2. The stock went ex-dividend on January 28. This most recent dividend is a 20% increase from the company’s prior dividend payout.
Shares of Ford were up 34 cents, or 2.35%, during pre-market trading Thursday.