Ford Motor pays first RMB-denominated dividend

Following eased regulations, Ford Motor remitted its first-ever renminbi-denominated dividend from China to the US headquarters, better positioning the company’s cash.

By Emma Bi

Nov 10, 2014

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Ford Motor, the second-largest US automaker, has for the first time remitted a renminbi-denominated dividend from China to its US headquarters, in partnership with Standard Chartered. The transaction was completed on August 22.

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