Ford Dividend Cuts Said Possible: Ford Motor...
From Times Staff and Wire reports
Ford Dividend Cuts Said Possible: Ford Motor Co.’s board of directors meets today amid speculation that the No. 2 auto maker may cut its stock dividend. Sagging sales, a recession and sinking consumer confidence have prompted talk among some industry analysts about whether Ford will reduce its quarterly dividend of 75 cents a share. General Motors Corp.’s board of directors meets next month to consider whether to continue paying its 75-cent-a-share quarterly dividend. The board of Chrysler Corp. meets in March to consider its dividend of 30 cents per share.
