FutureFuel Corp. Declares Quarterly Cash Dividend Program for 2023

Rhea-AI Summary

FutureFuel Corp. (NYSE: FF) announced its 2023 quarterly dividend program, declaring a cash dividend of $0.06 per share. The record and payment dates for the dividends are as follows:

• March 1, 2023 - Payment on March 15, 2023
• June 1, 2023 - Payment on June 15, 2023
• September 1, 2023 - Payment on September 15, 2023
• December 1, 2023 - Payment on December 15, 2023

This indicates FutureFuel's commitment to returning value to shareholders.

Positive

• Declaring a quarterly cash dividend of $0.06 per share demonstrates confidence in sustaining shareholder returns.
• Scheduled dividends indicate reliability and consistent cash flow management.

Negative

• None.

CLAYTON, Mo., Jan. 04, 2023 (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. $0.06 per share, with the following record and payment dates:

Record Dates	Payment Dates
March 1, 2023	March 15, 2023
June 1, 2023	June 15, 2023
September 1, 2023	September 15, 2023
December 1, 2023	December 15, 2023

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.

FAQ

What is the dividend amount declared by FutureFuel Corp. for 2023?

FutureFuel Corp. declared a quarterly cash dividend of $0.06 per share for 2023.

When will FutureFuel Corp. pay its quarterly dividends in 2023?

Payment dates for FutureFuel's 2023 dividends are March 15, June 15, September 15, and December 15.

What are the record dates for FutureFuel's 2023 dividends?

Record dates for the dividends are March 1, June 1, September 1, and December 1 in 2023.

How often does FutureFuel Corp. pay dividends?

FutureFuel Corp. pays dividends quarterly.

Is FutureFuel Corp.'s dividend sustainable?

The declaration of dividends suggests a positive outlook, but future sustainability will depend on the company's financial performance.