AUTOS
From Times Staff and Wire Reports
Ford Boosts Dividend: The auto maker raised its dividend to 26 cents a share on Class B and common stock. The dividends are payable Dec. 1 to stockholders of record on Nov. 1. The dividend reflects a 2-for-1 stock split. A dividend of $1.05 a share on depositary shares representing Ford Motor Co.’s Series A cumulative convertible preferred stock, and a dividend of 51.5625 cents a share on depositary shares representing the company’s Series B cumulative preferred stock, were also declared.
