Ford currently offers a big 4.5% dividend yield. And if you factor in the special dividend, the yield jumps to 6.4%. However, Ford also faces significant risk exposures such as the industry’s wide cyclical swings, Ford’s lack of competitive advantage, its expensive workforce, and its absurd pension assumptions. In this article, we review Ford’s dividend and risk exposures, and then provide details on five big dividend stocks we like better than Ford.