Moody's: Ford unchanged

Moody's Investors Service said the Ba1 rating and positive outlook of Ford Motor Co. and Ford Motor Credit Co. are unchanged following the decision by Ford's board of directors to authorize a quarterly dividend of 5 cents per share.

The total annual distribution would be about $800 million.

This dividend is consistent with expectations, Moody's said.

It is well supported by the level of free cash flow Ford should generate during 2012, the agency said, and it doesn't weaken the company's strong liquidity position.

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