Ford Motor Company (F) will pay a $0.13 per share special dividend in the first quarter of 2018. This special cash dividend will be paid together with the regular quarterly dividend of $0.15 per share.

The combined 28 cents per share dividend is payable on March 1, 2018 to shareholders of record at the close of business on January 30, 2018. The ex-date for both the special and regular dividend is January 29, 2018.

Ford last dividend hike dates back to 2015 (+20 percent to the current 15 cents per share quarterly dividend). The company also paid small special dividends in both 2017 and 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.