Submitted by ATV247 t3_119zvcv in wallstreetbets
KJAMAR t1_j9s80e8 wrote
Reply to comment by PreciousAliyah in What in the world is going on with Ford (F) by ATV247
The special dividend was from selling their stake in Rivian. It was a one time event. You may be correct though they could have used it more effectively
PreciousAliyah t1_j9s84qe wrote
That is correct. Paying off some debt would have probably been better long term than paying us the dividend.
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