 Despite Gray's misgivings, the Ford Motor Company was immediately profitable, with profits by October 1, 1903 of almost $37,000.A dividend of 10% was paid that October, an additional dividend of 20% at the beginning of 1904, and another 68% in June 1904.Two dividends of 100% each in June and July 1905 brought the total investor profits to nearly 300% in just over 2 years; 1905 total profits were almost $300,000.