Ford Motor Co
The dividend will be paid to owners of common shares on January 31, 2012, and to Class B shareholders on March 1, 2012.
We have demonstrated our capability to finance our plans and we are confident that we can begin to pay a dividend that will be sustainable through economic cycles, Chief Financial Officer Lewis Booth said in a statement.
Ford last paid a quarterly dividend of 5 cents a share in September 2006, the same month that Alan Mulally became Ford's chief executive.
Mulally is credited with steering the automaker back from the brink of bankruptcy with $23 billion in borrowing and a plan, dubbed One Ford, to simplify and unify product development and supplies.
(Reporting by Deepa Seetharaman in Detroit, editing by Matthew Lewis)