Ford Motor Company Shares
I have been meaning to write about Ford Motor Company's stock for a while but never got the chance. I remember last year when Ford was trading at $1, I thought what a steal, but given the economic conditions at the time and the fact that the GM and Chrysler were literally begging to get bailed out I didn't know what future Ford Motor Company held.
This article will basically discuss the history of Ford Stock, any dividends if any, along with who the key institutional buyers are, outstanding shares, and performance of competitors.
Ford Stock and the Dividends
Ford Motor Company paid dividends until the Year 2007 when it suspended paying dividends. Ford Motor Company was prohibited from paying dividends for Common and Class B Stock because of the terms of its credit agreement. The credit agreement was made in order to secure a 7 year $7 billion term-loan facility and a 5 year revolving credit of $11.5 billion. Prior to this credit agreement, Ford paid $.10 a share dividend per quarter, which was reduced to $.05 in third quarter of 2006, and the eventual abandonment of dividend payout in 2007.
Ford Stock History
Since 2005, Ford stock has been on a gradual decline, with 2009 being the lowest the company's stock reached at $1.XX. Ford stock has been gradually rising since last year, and reaching a high of $12.11 on January 11th for the year. In its 52 Week history counting from today, the company's lowest point its stock reached was a $1.50, and $12.14 being the highest price for the stock. 46% of Ford Motor Company's stocks are owned by institutions, with major holders being Wellington Management Company, Barclays Global Investors UK Holdings Ltd, State Street Corporation, Vanguard Group, and Janus Capital Management to name a few. Major Mutual Fund Holders of Ford Stock include Hartford Capital Appreciation Fund, Janus Overseas Fund, CFM Focus FUnd, New Perspective Fund, and SPDR Trust Series 1.
Ford Stock and Competitors
For the year to date among competitors, Ford stock actually outperformed Toyota and Honda. Ford stock appreciated by 11.80%, while Toyota's stock appreciated by 7.44%, and Honda stock appreciated even less at 5.28%.
Ford Stock vs The Market
In comparison to DOW and the S&P 500, Ford Stock performed significantly better for the past 1 year. Ford Stock appreciated a 434.93% since the last 1 year, while DOW gained 26.26% and S&P 500 saw a rise of 32.88%. Over the course of 1 year, Ford stock performed better than its competitors - Toyota and Honda, and outlived the other 2 American Automakers GM and Chrysler both of whom had to go through a bankruptcy.
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