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Ford Poised to Raise Dividend by 20% Even as Profit Declines

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Ford Motor Co. is poised to raise its quarterly dividend 20 percent, the third boost in as many years, even as the automaker has said profit would decline for 2014.

The payout, now 12.5 cents a share, may be increased to 15 cents this week, according to a Bloomberg forecast. The Dearborn, Michigan-based company restored the dividend in 2012 at 5 cents after a hiatus of more than five years. The last increase, by 25 percent, was a year ago.