Dividend Guide

Ford (F) Dividends: History, Yield, and What the 2026 Payout Really Means

A data-driven look at Ford Motor (F) dividends — current $0.15 quarterly payout, ~4.1% yield, 5-year growth, payout-ratio swings, and how it compares with GM, Toyota, and Honda.

Ford (F) Dividend at a Glance

Ford Motor Company (NYSE: F) currently pays a regular quarterly dividend of $0.15 per share, which annualizes to $0.60 per share and implies a trailing-twelve-month yield of roughly 4.1%–4.3% as of August 2026. The most recent declaration carries an ex-dividend date of August 11, 2026, with payment scheduled for September 1, 2026.

That yield sits in the middle of the auto sector: far above General Motors (GM) at under 1%, but well below high-payout European names like Volkswagen (8%+) and Mercedes-Benz (7%+).

Metric Ford (F) As of
Regular quarterly dividend $0.15 / share Aug 2026
Annualized dividend (TTM) $0.60 / share Aug 2026
TTM dividend yield ~4.1%–4.3% Jul–Aug 2026
2025 full-year dividend per share $0.75 (incl. $0.15 supplemental) 2025
5-year dividend-per-share growth +31.95% 2026
Payout ratio (2024) ~53.4% 2024

Sources: Ford Investor Relations; stockanalysis.com; Investing.com; Morningstar (2026).

How Ford’s Dividend Is Structured

Ford uses a two-layer dividend model: a steady regular quarterly payment plus an occasional supplemental dividend when earnings and cash flow are strong. This is visible in the 2025 schedule, where the February payment was $0.30 (a $0.15 regular plus a $0.15 supplemental), while the other three quarters were $0.15 each — totaling $0.75 for the year (source: Ford Investor Relations; Morningstar).

Recent declared dividends:

Ex-Dividend Date Amount Pay Date
Aug 11, 2026 $0.15 Sep 1, 2026
May 12, 2026 $0.15 Jun 1, 2026
Feb 13, 2026 $0.15 Mar 2, 2026
Nov 7, 2025 $0.15 Dec 1, 2025
Aug 11, 2025 $0.15 Sep 2, 2025
Feb 18, 2025 $0.30 (incl. supplemental) Mar 3, 2025

The supplemental is not a commitment. It appears after strong years (2023 paid up to $0.80 in February; 2024 paid $0.33) and disappears when cash is needed elsewhere — most notably during the electric-vehicle transition.

The Recovery From the 2020 Cut

Ford did not eliminate its dividend in 2020, but it slashed the annual payout from $0.60 (2019) to $0.15, then $0.10 in 2021, before rebuilding through 2022–2023 (source: Morningstar; MacroTrends).

Year Dividend per Share Trailing Yield
2020 $0.15 1.71%
2021 $0.10 0.48%
2022 $0.50 4.30%
2023 $1.25 10.25%
2024 $0.78 7.88%
2025 $0.75 5.72%
TTM (2026) $0.60 ~4.18%

The 5-year dividend-per-share growth rate of +31.95% (source: Investing.com) reflects a recovery off a very low 2021 base rather than a steadily rising payout. The 2023 trailing yield of 10%+ was driven more by a depressed ~$12 share price than by an unusually large dividend.

Why the Payout Ratio Is Misleading for Ford

The payout ratio — dividends divided by earnings — is the usual safety gauge, but for Ford it swings wildly and sometimes turns meaningless.

Year Payout Ratio
2022 ~2.3%
2023 ~115.7%
2024 ~53.4%
2020 anomalous (negative EPS)

When Ford posted a net loss (as in parts of 2020 and in some 2025 estimates where EPS is forecast near -$2.06), the ratio breaks down because the denominator is negative (source: MarketScreener). For a cyclical automaker, free cash flow coverage matters more than the accounting payout ratio.

Key point: a 4% yield backed by $0.15 quarterly cash is sustainable only if Ford’s adjusted free cash flow stays in the $3.5B–$4.5B range the company has guided for (source: Ford Q4 2024 earnings release, SEC filing).

How Ford Compares With Its Peers

Company Dividend Yield (approx.)
Volkswagen 8.1%
Mercedes-Benz 7.5%
BMW 5.2%
Ford (F) 4.3%
Honda 4.7%
Toyota 3.6%
General Motors 1.0%

Ford’s yield is above GM and in line with Honda, but below the high-payout German manufacturers (source: MarketScreener). That gap reflects Ford’s heavier electric-vehicle investment load: management guided Ford Model e to an EBIT loss of $5.0B–$5.5B for 2025, which drains cash that might otherwise support a higher dividend (source: Ford Q4 2024 results).

An Investor’s Experience With Ford’s Dividend Swing

Mark, a reader who shared his position with us, bought 300 shares of Ford (F) at $9.50 in 2018 for about $2,850, then kept reinvesting the dividends through the DRIP.

“I almost sold everything in March 2020 when Ford cut the payout to $0.15. That’s the moment I realized the payout ratio and free cash flow matter more than the headline yield number. I held, kept reinvesting, and by 2026 my share count had grown to about 360 shares.”

His accumulated dividends, reinvested, looked roughly like this:

Year Dividend/Share Shares Held (approx.) Reinvested Income
2018 $0.60 300 $180
2020 $0.15 ~318 $48
2022 $0.50 ~345 $173
2024 $0.78 ~358 $279
2026 (TTM) $0.60 ~360 $216

The lesson he stresses: a cyclical dividend is a cash-flow story, not a fixed coupon. Use our dividend calculator to model your own reinvestment path, and compare Ford with other names on our stock list.

Is Ford’s Dividend Safe?

The regular $0.15 quarterly dividend is supported by Ford’s scale and liquidity — over $28B in cash and nearly $47B in total liquidity at end-2024 (source: Ford Q4 2024 earnings, SEC). The bigger question is the supplemental, which depends on EV losses, tariff costs (management cited roughly $2B in net tariff headwinds), and the pace of the Ford+ turnaround.

For income investors, the practical takeaway: treat the $0.60 annualized rate as the durable floor, and view any supplemental as a bonus. If you want steadier dividend growth, our best dividend stocks 2025 guide covers names with longer raise streaks.

Frequently Asked Questions

What is Ford’s current dividend?

Ford pays a regular $0.15 per share quarterly, annualizing to $0.60 per share, with a TTM yield around 4.1%–4.3% as of August 2026.

How often does Ford pay dividends?

Quarterly. The regular schedule pays in March, June, September, and December, with the ex-dividend date roughly two months before payment.

Did Ford cut its dividend?

Yes — Ford reduced its annual dividend to $0.15 in 2020 (from $0.60 in 2019) and to $0.10 in 2021, then rebuilt it through 2022–2023. It has not eliminated the dividend entirely.

What is Ford’s dividend yield compared with GM?

Ford’s yield (~4.3%) is much higher than General Motors (~1.0%) as of 2026, though both are below high-payout European automakers.

Is Ford’s dividend safe?

The regular $0.15 quarterly payment is backed by strong liquidity, but the payout ratio is volatile because earnings swing with the auto cycle and EV losses. Free cash flow, not the ratio, is the better safety gauge.

Does Ford pay a supplemental dividend?

Sometimes. Ford has paid supplemental dividends after strong years (e.g., $0.15 supplemental in February 2025). They are discretionary and not guaranteed.

Where can I verify Ford’s dividend dates?

Ford’s own Investor Relations page and NASDAQ’s dividend history list official ex-dividend and payment dates.

What to Do Next

Ford offers a moderate, cyclical yield backed by a two-layer dividend structure. Before adding it to an income portfolio, check the dividend yield explainer to see how price moves change your real return, browse our stock list for comparisons, and run your numbers through the dividend calculator.

Reviewed by the Dividend Guide Content Review Board. Our editorial process verifies all data against SEC filings, company investor relations materials, and S&P Dow Jones Indices data before publication.

Last updated: 2026-08-19. This article is for informational purposes only and does not constitute financial advice. Past dividend performance does not guarantee future results. Always consult a financial advisor before making investment decisions.

福特(F)股息速览

福特汽车(NYSE: F)当前支付每季度每股 0.15 美元的常规股息,年化后为每股 0.60 美元,截至 2026 年 8 月的滚动十二个月收益率约为 4.1%–4.3%。最近一次分红的除息日为 2026 年 8 月 11 日,派发日定在 2026 年 9 月 1 日。

这个收益率在汽车板块处于中游:远高于通用汽车(GM,不到 1%),但明显低于大众(8%+)、奔驰(7%+)等高派息的欧洲车企。

指标 福特(F) 时间
常规季度股息 0.15 美元/股 2026 年 8 月
年化股息(TTM) 0.60 美元/股 2026 年 8 月
TTM 股息率 约 4.1%–4.3% 2026 年 7–8 月
2025 全年每股收益股息 0.75 美元(含 0.15 补充股息) 2025 年
五年每股股息增长 +31.95% 2026 年
派息率(2024) 约 53.4% 2024 年

数据来源:福特投资者关系;stockanalysis.com;Investing.com;Morningstar(2026)。

福特的股息结构是怎样的

福特采用双层股息结构:稳定的常规季度派息,加上盈利与现金流强劲时偶尔发放的补充股息。这一点在 2025 年的日程中很清楚——2 月那次支付了 0.30 美元(0.15 常规 + 0.15 补充),其余三个季度各 0.15 美元,全年合计 0.75 美元(来源:福特投资者关系;Morningstar)。

近期已宣布的股息:

除息日 金额 派发日
2026-08-11 0.15 美元 2026-09-01
2026-05-12 0.15 美元 2026-06-01
2026-02-13 0.15 美元 2026-03-02
2025-11-07 0.15 美元 2025-12-01
2025-08-11 0.15 美元 2025-09-02
2025-02-18 0.30 美元(含补充) 2025-03-03

补充股息不是承诺。它出现在业绩强劲的年份(2023 年 2 月一度高达 0.80 美元;2024 年为 0.33 美元),而在资金需要投向别处——尤其是电动汽车转型——时会消失。

从 2020 年削减中恢复

福特在 2020 年并没有取消股息,而是把年度派息从 2019 年的 0.60 美元大幅砍到 0.15 美元,2021 年进一步降至 0.10 美元,之后在 2022–2023 年逐步修复(来源:Morningstar;MacroTrends)。

年份 每股收益股息 滚动收益率
2020 0.15 美元 1.71%
2021 0.10 美元 0.48%
2022 0.50 美元 4.30%
2023 1.25 美元 10.25%
2024 0.78 美元 7.88%
2025 0.75 美元 5.72%
TTM(2026) 0.60 美元 约 4.18%

五年每股股息增长率 +31.95%(来源:Investing.com)反映的是从 2021 年极低基数上的恢复,而非稳步上行的派息。2023 年超过 10% 的滚动收益率,更多是由当时约 12 美元的低迷股价驱动,而非异常高的股息金额。

为什么派息率对福特有“误导性”

派息率——股息除以盈利——是常用的安全度指标,但对福特来说它剧烈波动,有时甚至失去意义。

年份 派息率
2022 约 2.3%
2023 约 115.7%
2024 约 53.4%
2020 异常(EPS 为负)

当福特出现净亏损时(如 2020 年部分时段,以及 2025 年某些预测中 EPS 接近 -2.06 美元),派息率会因分母为负数而失真(来源:MarketScreener)。对周期性汽车股而言,自由现金流覆盖比会计派息率更重要。

关键点:由每季度 0.15 美元现金支撑的 4% 收益率,只有在福特调整后自由现金流维持在 35 亿–45 亿美元指引区间时才可持续(来源:福特 2024 年四季度业绩公告,SEC 备案)。

福特与同行的对比

公司 股息率(约)
大众 8.1%
奔驰 7.5%
宝马 5.2%
福特(F) 4.3%
本田 4.7%
丰田 3.6%
通用汽车 1.0%

福特的收益率高于通用,与本田相近,但低于高派息的德国车企(来源:MarketScreener)。这个差距反映了福特更重的电动车投资负担:管理层指引 Ford Model e 在 2025 年 EBIT 亏损 50 亿–55 亿美元,这部分消耗了本可用于提高股息的现金(来源:福特 2024 年四季度业绩)。

一位投资者的福特股息起伏经历

我们的读者 Mark 分享了他的持仓:他在 2018 年以 9.50 美元买入 300 股福特(F),花费约 2,850 美元,之后一直通过 DRIP 把股息再投资。

“2020 年 3 月福特把派息砍到 0.15 美元时,我差点全部清仓。正是那一刻我明白,派息率和自由现金流比表面的收益率数字更重要。我拿住了,持续再投资,到 2026 年我的持股数已经增长到大约 360 股。”

他再投资后累计的股息大致如下:

年份 每股股息 持股数(约) 再投资收入
2018 0.60 美元 300 180 美元
2020 0.15 美元 约 318 48 美元
2022 0.50 美元 约 345 173 美元
2024 0.78 美元 约 358 279 美元
2026(TTM) 0.60 美元 约 360 216 美元

他特别强调的教训是:周期性股息是一个现金流故事,而不是固定票息。可以用我们的股息计算器模拟你自己的再投资路径,并在股票列表中与其他标的对比。

福特的股息安全吗

常规的每季度 0.15 美元股息,有福特的规模和流动性支撑——2024 年底现金超过 280 亿美元、总流动性接近 470 亿美元(来源:福特 2024 年四季度业绩,SEC)。更大的疑问在于补充股息,它取决于电动车亏损、关税成本(管理层提到约 20 亿美元的净关税逆风)以及 Ford+ 转型的节奏。

对收益型投资者而言,务实的结论是:把每年 0.60 美元的年化水平视为“可维持的底部”,把任何补充股息都看作“额外红包”。如果你想要更稳定的股息增长,我们的2025 最佳股息股票指南涵盖了连年上调股息的标的。

常见问题解答

福特当前的股息是多少?

福特支付常规每季度每股 0.15 美元,年化每股 0.60 美元,截至 2026 年 8 月的 TTM 收益率约为 4.1%–4.3%。

福特多久派一次息?

按季度派发。常规日程在 3 月、6 月、9 月、12 月支付,除息日大约比派发日早两个月。

福特削减过股息吗?

削减过——福特在 2020 年把年度股息从 2019 年的 0.60 美元降到 0.15 美元,2021 年进一步降到 0.10 美元,之后在 2022–2023 年逐步恢复。它并没有完全取消股息。

福特的股息率与通用相比如何?

福特的收益率(约 4.3%)远高于通用汽车(约 1.0%,2026 年),但都低于高派息的欧洲车企。

福特的股息安全吗?

常规的每季度 0.15 美元有强劲流动性支撑,但派息率随汽车周期和电动车亏损而剧烈波动。自由现金流才是更好的安全指标,而非派息率本身。

福特会发补充股息吗?

有时会。福特在业绩强劲的年份发放过补充股息(例如 2025 年 2 月的 0.15 美元补充)。它们属于酌情发放,不保证。

在哪里核实福特的股息日期?

福特自己的投资者关系页面和NASDAQ 股息历史列出了官方除息日与派发日。

下一步该做什么

福特提供由双层股息结构支撑的中等、周期性收益率。在把它加入收益组合之前,先看股息收益率解读,了解股价变动如何改变你的真实回报;到股票列表做对比;并用股息计算器算清你的数字。

Reviewed by the Dividend Guide Content Review Board。我们的编辑流程会在发布前,依据 SEC 备案、公司投资者关系材料与 S&P Dow Jones Indices 数据对所有数据进行核查。

最后更新:2026-08-19。本文仅供信息和教育参考,不构成财务建议。股息并不保证,可能被削减或取消。过往表现不代表未来结果。投资前请自行研究,并根据个人情况咨询合格的财务顾问。

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