this post was submitted on 17 Sep 2023
2006 points (98.4% liked)

Memes

45536 readers
395 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Grayox@lemmy.ml 46 points 1 year ago (11 children)

Its called juxtaposition my guy, Ford also spent almost half billion on stock buybacks last year which could have been used to give every Ford Employee a $2500 bonus to share their profits, but instead they used it to buy back stocks...

[–] TWeaK@lemm.ee 10 points 1 year ago (9 children)

Well see that's a good example. Ford is a profitable business, and should be paying their employees. All I'm pointing out is that the CEO's salary - in the specific example of this business - does not represent a significant proportion of what is being taken from the average employee. That's most likely going to the shareholders.

The CEO's are partially to blame, but more blame lies with the shareholders, and also the legal system that mandates the CEO's act in the interest of the hypothetical worst, most profit-hungry shareholder.

[–] wintermute_oregon@lemm.ee 15 points 1 year ago (8 children)

The dividend is only 15 cent a share. It is almost 10%. It should be around 5%.

Personally I think there should be a law you can’t borrow to pay dividends. They must come from cash

[–] Jsprad@lemmy.world 4 points 1 year ago (2 children)

A 15 cent quarterly dividend on a $15 stock is 1%, not 10%. Ford's annual dividend is about 4% per year.

[–] wintermute_oregon@lemm.ee 4 points 1 year ago

You’re correct. Different sites show it differently.

https://www.tipranks.com/stocks/f/dividends

They showed the 10% but yes its about 5

load more comments (5 replies)
load more comments (5 replies)
load more comments (6 replies)