Ford Motor Co (NYSE: F) said that its adjusted operating income more than tripled in the second quarter as it delivered new products to its customers.
The automaker also maintained its guidance for the full year, adding that it will increase its quarterly dividend to 15 cents per share.
Shares of the company were up over 6% in extended trading.
Ford’s US sales rose 1.8% in the second quarter from a year ago while its adjusted earnings before interest and tax, or adjusted EBIT, jumped to $3.7 billion from $1.1 billion a year ago.
Picture Credits: CNBC
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