There was a surprise with the recent dividend increase by Ford. The company decided to increase their dividend by 20%. The new quarterly dividend for 2015 will be $0.15 per share. The fund was expecting the raise to be in the $0.13-0.135 range. This increase puts the yield at about 4%. The Bloomberg story about the increase can be read here.
This completes the list of expected dividend increases for KDK Fund that was detailed in this previous post (link here). A future post will cover what the expectations were and what the results were.
If
you have any stocks that you think KDK Fund would be interested in
researching, let us know at kdkfund@gmail.com or twitter @kdkfund.
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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
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