Ford Motor Company (F) Down on Special Dividend

Ford Motor Company (NYSE: F) shares doffed 2% to $12.59, as the company reported a special dividend of $0.05 per share and reconfirmed that its 2017 total pre-tax profit would be lower than 2016. However, the company projects improved profitability in 2018. Ford also expects $10.2 billion in pre-tax profit for 2016. Share volume amounted to 22 million, compared to an all-day average of 35 million