FinancialContent is the trusted provider of stock market information to the media industry.
April 03, 2012 at 08:49 AM EDT
Ford’s March Auto Sales “Best in Five Years” (F)

Auto maker Ford Motor Company (F) on Tuesday offered some positive commentary concerning sales performance in its most recent calendar month.

Ford Americas President Mark Fields spoke on CNBC’s “Squawk Box” program, noting that March sales were “the best in five years.” Fields said the uptick in performance was due to pent-up consumer demand, unseasonably warm weather, and increased popularity of fuel-efficient vehicles.

The 5% increase in sales during the month compares with the average Wall Street analyst estimate for a 5.5% uptick. The company is slated to officially announce its monthly sales figures at 9:30am EST.

Ford shares rose 10 cents, or +0.8%, in premarket trading Tuesday.

The Bottom Line
Shares of Ford Motor Company (F) have a 1.58% dividend yield, based on last night’s closing stock price of $12.62. The stock has technical support in the $10-$11 price area. If the shares can firm up, we see overhead resistance around the $13-$14 price levels.

Ford Motor Company (F) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
   
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More