Ford Motor Company directors have declared a fourth quarter dividend of $US0.10 a share on the company’s class B and common stock, the same as paid in the third quarter of 2002.

The board also declared a dividend of 51.5625 cents a share on the depositary shares representing the company’s series B cumulative preferred stock.

The dividend on the series B preferred stock equals the quarterly amount of the annual cumulative dividend of $2.0625 per depositary share.

The dividends are payable on December 2.

Meanwhile parts maker Visteon has declared a quarterly dividend of $0.06 per share on the company’s common stock, payable on December 2.