Ford Motor Company (F) will pay a $0.05 per share special dividend in the first quarter of 2017. The total $200 million supplemental cash dividend will be paid together with the regular quarterly dividend of $0.15 per share.

The combined $0.20 per share dividend is payable on March 1, 2017 to shareholders of record at the close of business on Jan. 20, 2017. In 2015 Ford hiked its dividend for the last time (+20%). Also a $0.25 per share special cash dividend was paid in the first quarter of 2016.

Ford Motor Company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company. Ford Motor Company is based in Dearborn, Michigan. Ford was incorporated in Delaware in 1919. Ford acquired the business of a Michigan company, also known as Ford Motor Company, which had been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford.