Ford Has to Slash Its 7.5% Yield Dividend
Briefly

Ford Motor Co. currently has a 7.5% yield, one of the highest among S&P 500 stocks, largely due to a dramatic stock decline. The company forecasts a $5 billion to $5.5 billion loss in its electric vehicle segment this year. With EV sales making up only 4% of total sales, and a labor deal costing $8.8 billion annually, analysts are concerned about Ford's financial viability. The company has also faced downgrades from Goldman Sachs and has substantial worries about competition, especially from China.
Ford's stock has dropped 17% in the past year, while the S&P 500 is up 11% in the same period...
Goldman Sachs recently lowered its Ford rating, downgrading it to Neutral from Buy due to difficult cyclical dynamics including competition and higher costs from tariffs.
Read at 24/7 Wall St.
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