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An EV Stock With a High-Yield Dividend

·4 min read
An EV Stock With a High-Yield Dividend

Ford (NYSE: F) is transforming into a high-yield dividend stock -- and for the right reason. This obviously isn't the ideal way for shareholders to become owners of a high-yield dividend stock. In Ford's case, the company took the opportunity of its second-quarter earnings call to announce it is increasing its quarterly dividend payment by 50% to $0.15 per share, which comes out to an attractive, market-beating 4% forward dividend yield.