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Strategies & Market Trends : Classic TA Workplace

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To: reaper who wrote (63166)1/10/2003 1:23:22 PM
From: The Freep  Read Replies (2) of 209892
 
reaper (or anyone), explain to me how this works:

12:17 ET Ford Motor follow-up (F) 10.39 +0.16: -- Update -- As a follow-up to our previous F comment (12:03), Reuters reports that CFO Gilmour said the co expects 2003 EPS of $0.70 (Multex consensus $0.49); Gilmour said the co was on track with its cost-cutting plan, that its automotive unit would have breakeven results in 2003, and that F's credit arm would pay dividends to the parent co.

What do they mean by "dividends"? Like cash dividends? And how in the world does this help F overall? Isn't it all the same company?

thanks,
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