Today Ford released its quarterly dividend. It is the first dividend that KDK Fund has received from Ford. By automatically reinvesting the dividend, KDK Fund now owns 6% more of Ford stock than it did on Friday. Ford's stock is currently priced at $16.42.
This is the sixth dividend payment made to KDK Fund this year. Dividends now constitute 0.8% of the fund's Ford holdings and 0.7% of the portfolio. The fund continues to make dividend growth by reinvestment a focus point. The next scheduled dividend for KDK Fund will be around June 15th by Realty Income.
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**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com**
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