Top 10 Best Dividend Stocks on Robinhood

8. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 36

Ford Motor Company (NYSE:F) is an American company that is engaged in the manufacturing, distribution, and sale of automobiles. Although the company has experienced a nearly 14% drop in the past 12 months, analysts don’t view it as negatively as it may appear. J.D. Power, a respected US data analytics and consumer intelligence firm, released its 2024 US Initial Quality Study earlier this year, highlighting Ford’s progress in recent years. The company saw a notable improvement, climbing 14 spots to secure 9th place on the list of brands with the fewest problems per 100 vehicles.

Ford Motor Company (NYSE:F) had a strong performance in 2024, reporting US sales of 2.08 million vehicles, marking a 4.2% increase from just under 2 million in 2023. The company’s electric vehicles saw a notable surge in demand, reaching a record 285,291 units, a 38% year-over-year increase, and surpassing the electrified vehicles of GM and Stellantis for the full year. As a result, electrified vehicles, including hybrids and EVs, made up 13.7% of Ford’s total US sales in 2024.

Ford Motor Company (NYSE:F) has a strong dividend history because of its stable cash position. In the most recent quarter, the company reported an operating cash flow of $5.5 billion and its free cash flow came in at $3.2 billion. It has also paid supplemental dividends to shareholders over the years to return value to shareholders. The company currently pays a quarterly dividend of $0.15 per share and has a dividend yield of 5.9%, as of January 30.

Insider Monkey’s database of Q3 2024 showed that 36 hedge funds held stakes in Ford Motor Company (NYSE:F), with a collective value of over $744.4 million.