FutureFuel Corp. Declares Quarterly Cash Dividend Program for 2024
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Insights
The declaration of FutureFuel Corp's quarterly dividend program is a significant indicator of the company's financial health and its commitment to returning value to shareholders. A consistent dividend payout can be a sign of a company's stable cash flow and mature business model. The announced dividend of $0.06 per share suggests that the company is maintaining its payout ratio, which is crucial for income-focused investors.
Investors typically look at dividend consistency and growth as a signal of confidence from management in the company's future earnings. However, it is also important to analyze the dividend yield in relation to the stock price to assess the attractiveness of the dividend. Additionally, the payout ratio, which is the proportion of earnings paid out as dividends, should be sustainable; otherwise, it may signal potential cash flow problems in the future.
FutureFuel Corp's announcement can also be viewed from a market sentiment perspective. Dividend announcements often influence investor perception and can lead to short-term price movements in the stock market. The dividend program may attract income investors, potentially increasing demand for the stock. It's important to consider the company's performance relative to its peers in the chemical and biofuel sector, as well as the overall industry trends, such as the shift towards sustainable and renewable sources of energy.
Furthermore, the timing of the dividend payments throughout the year can have budgeting implications for investors who rely on dividend income. The quarterly schedule provides a predictable income stream, which can be particularly appealing during times of market volatility or economic uncertainty.
CLAYTON, Mo., Feb. 06, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) ("FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it has declared its 2023 quarterly dividend program, declaring normal quarterly cash dividends of U.S.
| Record Dates | Payment Dates |
| March 4, 2024 | March 18, 2024 |
| June 4, 2024 | June 18, 2024 |
| September 4, 2024 | September 18, 2024 |
| December 4, 2024 | December 18, 2024 |
About FutureFuel
FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers ("custom chemicals”), as well as multi-customer specialty chemicals ("performance chemicals”). FutureFuel's custom chemicals product portfolio includes proprietary intermediates for major chemical companies and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company. FutureFuel’s performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications. FutureFuel’s biofuels segment primarily produces and sells biodiesel. Please visit www.futurefuelcorporation.com for more information.
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COMPANY CONTACT:
FutureFuel Corp.
Tom McKinlay
(314) 854-8352
www.futurefuelcorporation.com
FAQ
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