Founded in 1903 in Detroit, Michigan, the Ford Motor Company revolutionized the automotive industry in America and abroad. The company was named after its founder Henry Ford, one of the most famous entrepreneurs in history, known for his innovative manufacturing process that produced affordable and reliable vehicles while keeping his workers well-paid.
Ford is the second largest automaker in the United States and the fifth largest in the world. Worldwide, the company manufactures, sells, and services a range of commercial vehicles, from cars to trucks, under the Ford marque. It also sells a range of luxury cars under the Lincoln marque exclusively in the United States. As the automotive industry moves towards electric vehicles, Ford is riding the wave with new eco-friendly line-ups of battery-powered cars. It also plans to add hybrid-electric powertrain options to new models down the line. Aside from automotive sales, Ford offers financial services under Ford Credit to support car dealers in vehicle sales, and it invests in connectivity solutions and transport initiatives under Ford Mobility.
Ford is headquartered in Dearborn, Michigan, and it has around 186,000 employees. The vast majority of the company’s revenue comes from automotive sales, around 10% from Ford Credit, and less than 1% from Ford Mobility.
Ford first went public on the NYSE under the ticker ‘F’ in January 1956 at a market share price of $64.50. With more than 10.2 million shares bought during its IPO, the company went public with a valuation of $657.9 million, which remains the largest common stock offering to date in the United States. Currently, Ford has a market capitalization of $77.607 billion. Its top shareholders, with 54.04% of the outstanding shares, are institutional. They include Vanguard, Blackrock, SSGA, and Newport Trust. The company also has individual shareholders, including executive chairman William Clay Ford, CEO James D. Farley, and ex-CEO James P. Hackett.
To buy Ford shares, you can log into any of our platforms – SaxoInvestor, SaxoTraderGO or SaxoTraderPRO – and search for the company with the ticker ‘F’. If you don’t have an account, you can create one right now by clicking here.
You can check the current price of Ford shares by logging in to your Saxo account and searching for the ticker ‘F’. Select the trade ticket, click the ‘I’ icon and ‘Trading Rates’ to see transaction costs. No account? No problem. Click here to register now.
To determine whether Ford is a good investment, Saxo’s customers can log in to their account to access the company’s financial reports and current and historical price charts. If don’t have an account, you can open one here.
Ford suspended the issuing of dividends for a year and a half during the COVID-19 pandemic. However, it has been reinstated in Q4 2021 at the price of $0.10 per share. To view Ford’s full dividend history, you can log in to your account or sign up for a new one here.
You can see how Ford shares have performed historically by logging in to your Saxo account on your preferred trading platform. There, you can find detailed price charts and financial data. If you don’t have an account, you can create one by clicking here.
