12 Incredibly Cheap Dividend Stocks to Buy Now

3. Ford Motor Company (NYSE:F)

Forward P/E Ratio as of March 14: 7.01

Ford Motor Company (NYSE:F) ranks among the largest global automakers, producing a wide range of vehicles, including traditional gasoline-powered models, hybrids, and electric vehicles (EVs), under both its Ford and luxury Lincoln brands. The company is undergoing a significant transformation, focusing heavily on EVs, autonomous technology, and software-based services. Through its ‘Ford+’ strategy, it is rapidly expanding EV production, with high-demand models such as the F-150 Lightning and Mustang Mach-E playing a key role in its growth.

As part of its restructuring efforts, Ford Motor Company (NYSE:F) has streamlined its global operations by exiting underperforming markets such as Brazil and India while scaling back its presence in Europe. This strategic realignment has allowed the company to concentrate more on expanding its electric vehicle initiatives. The stock has surged modestly by nearly 1% since the start of 2025.

In the fourth quarter of 2024, Ford Motor Company (NYSE:F)  reported $48.2 billion in revenue, reflecting a 5% year-over-year increase. Throughout the year, the automaker maintained strong cash flow, generating $15.4 billion in operating cash flow and $6.7 billion in free cash flow. Looking ahead to 2025, the company expects adjusted EBIT to be between $7.0 billion and $8.5 billion, with adjusted free cash flow projected in the range of $3.5 billion to $4.5 billion. Capital expenditures for the year are estimated between $8 billion and $9 billion. Currently, it offers a quarterly dividend of $0.15 per share and has a dividend yield of 6.17%, as of March 14.