“Last I checked, Ford lost money for every vehicle it sold, thanks to UAW contracts. “
Ford earnings $0.71 per share. Dividend almost $2 per share.
You’re right about the EPS, but you must realize that the dividend figure you claim is not only mathematically impossible unless they were going out of business, but also inaccurate. Their quarterly dividend is $.10 per share. It’s now trading at around $20 per share, so that’s a PE of 29.39 on an EPS of $.70. That’s a whole lot better than they were doing in 2009, which is when last I checked. But still not a healthy company.