Oct 29, 2012
Workers are due to get what Ford calls a $250 (before taxes) yearly competitive award in December.
But in early December, Ford shareholders are receiving a 5-cents-per-share dividend on their Class B and common stock. Let’s see now, the 70.85 million Class B shares for the Ford family at 5 cents a pop comes to more than 3.5 million dollars every three months.
And for Mulally, he will just have to make do with his 1.1 million dollar dividend from his 22.3 million shares every quarter.