Summary by Futu AI
Ford Motor Company, known as Ford, has declared a Supplemental Cash Dividend of $0.18 per common share, with a record date set for February 16, 2024, and a payable date on March 1, 2024. The ex-distribution date is scheduled for February 15, 2024, which is also the effective date for contract adjustments. The new multiplier for contracts is set at 100, affecting premium extensions and strike prices, which will be reduced by the dividend amount of $0.18. The option symbols for Ford will remain unchanged as F, 1F, and 2F, with each contract representing 100 common shares of Ford Motor Company. The CUSIP number for this distribution is 345370860.