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Ford Fights Back Against Wall Street Calls to Cut Its Dividend

  • Analysts warn carmaker may cut payout as financial woes worsen
  • CFO Shanks calls reports ‘baseless,’ says results will improve
Ford Motor Co. Announces Quarterly Earnings

Photographer: Chris Goodney/Bloomberg

Wall Street says Ford Motor Co. must cut its dividend. The automaker says that’s nonsense.

The debate erupting over Ford’s quarterly payout to shareholders -- including the founding family that derives millions from the disbursements -- is exposing a growing and contentious divide over what needs to be done to fix the ailing automaker.