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FORD DECLARES FIRST-QUARTER DIVIDEND

 DEARBORN, Mich., Jan. 14 /PRNewswire/ -- The Board of Directors of Ford Motor Company (NYSE: F) today declared a first-quarter dividend of 40 cents a share on the company's Class B and common stock, a dividend of $1.05 a share on the depositary shares representing the company's Series A Cumulative Convertible Preferred Stock, and a dividend of $0.6989583 a share on the depositary shares representing the company's Series B Cumulative Preferred Stock. The Class B and common stock dividends are the same as paid in the fourth quarter of 1992. The dividend on the Series A Preferred Stock equals the quarterly amount of the annual cumulative dividend of $4.20 per depositary share. The dividend on the Series B Preferred Stock represents the 8.25 percent dividend rate on the stock for the period beginning when the stock was issued, Oct. 29, 1992, through Feb. 28, 1993.
 The first-quarter dividends are payable March 1, 1993 to stockholders of record on Jan. 29, 1993.
 -0- 1/14/93
 /CONTACT: John Spelich of Ford Motor Company, 313-322-9600/
 (F)


CO: Ford Motor Company ST: Michigan IN: AUT SU: DIV

DH -- DE005 -- 4748 01/14/93 09:52 EST
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Publication:PR Newswire
Date:Jan 14, 1993
Words:196
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