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Jim "Scumbag" Farley
(lemmy.ml)
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this post was submitted on 17 Sep 2023
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Its called juxtaposition my guy, Ford also spent almost half billion on stock buybacks last year which could have been used to give every Ford Employee a $2500 bonus to share their profits, but instead they used it to buy back stocks...
Well see that's a good example. Ford is a profitable business, and should be paying their employees. All I'm pointing out is that the CEO's salary - in the specific example of this business - does not represent a significant proportion of what is being taken from the average employee. That's most likely going to the shareholders.
The CEO's are partially to blame, but more blame lies with the shareholders, and also the legal system that mandates the CEO's act in the interest of the hypothetical worst, most profit-hungry shareholder.
The dividend is only 15 cent a share. It is almost 10%. It should be around 5%.
Personally I think there should be a law you can’t borrow to pay dividends. They must come from cash
A 15 cent quarterly dividend on a $15 stock is 1%, not 10%. Ford's annual dividend is about 4% per year.
You’re correct. Different sites show it differently.
https://www.tipranks.com/stocks/f/dividends
They showed the 10% but yes its about 5