Ford Doubles Dividend - Yield = 2.9%

Ford Doubles Dividend

Excerpt:

Ford (NYSE: F ) announced today that it will increase its quarterly dividend to $0.10 per share, double what it paid out in each quarter of 2012. At the automaker's current share price of $13.80, this news moves the company's annual dividend yield to approximately 3%.

Comment: My only auto stock ( and I don't have much of it!).