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Down 44% in 2022, Is Ford an Excellent Dividend Stock to Buy for 2023?

Ford is ramping up the production of EVs to meet customer demand.

By Parkev Tatevosian, CFA – Jan 25, 2023 at 9:27AM EST

Ford (F +6.56%) might be a legacy automaker, but it does not want to get left behind in the EV revolution. Investors who want to get in on the electric vehicle boom might have an excellent choice with this dividend-paying stock.

*Stock prices used were the afternoon prices of Jan. 22, 2023. The video was published on Jan. 24, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Ford Motor Company Stock Quote
Ford Motor Company
NYSE: F
$14.51
(+6.89%)+$0.94

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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