8 Cash-Rich Dividend Stocks To Invest In Now

4. Ford Motor Company (NYSE:F)

Operating Cash Flow (TTM): $14.7 billion

Ford Motor Company (NYSE:F) is an American automobile manufacturer that deals in the manufacturing of a wide range of commercial vehicles and luxury cars. The company’s earnings came in strong in the third quarter of 2024. It generated revenue of $46 billion, up 5% from the same period last year. The revenue surpassed analysts’ estimates by $744.5 million. This represents the company’s 10th consecutive quarter of YoY revenue growth, driven by a new and appealing product lineup that provides a wide range of choices for both retail and commercial customers.

Though Ford Motor Company (NYSE:F) has seen a nearly 18% decline in 2024 so far, it is not viewed as negatively by analysts as it may seem. J.D. Power, a well-known U.S. data analytics and consumer intelligence firm, published its 2024 US Initial Quality Study earlier this year, which showcased Ford’s improvements in recent years. The company made a significant jump of 14 spots, rising to 9th place on the list of brands with the fewest problems per 100 vehicles.

In addition, Ford Motor Company (NYSE:F) has also impressed investors with its solid cash generation. In the most recent quarter, the company generated $5.5 billion in operating cash flow and its free cash flow came in at $3.2 billion. It has supplemental dividends to investors regularly over the years and currently offers a quarterly dividend of $0.15 per share. One of the best cash-rich stocks offers an alluring dividend yield of 6.01%, as of December 16.

Insider Monkey’s database of Q3 2024 indicated that 36 hedge funds held stakes in Ford Motor Company (NYSE:F), worth $744.4 million in total. Among these hedge funds, Renaissance Technologies was the company’s leading stakeholder in Q3.