FutureFuel Corp. Declares Special Cash Dividend

Rhea-AI Summary

FutureFuel Corp (NYSE: FF) announced a special cash dividend of $2.50 per share, set with a record date of May 21, 2021 and a payment date of June 4, 2021. This dividend aims to reward shareholders and reflects the company's strong position in the manufacturing of custom and performance chemicals, as well as biofuels. FutureFuel is recognized for producing specialty chemicals, including bleach activators and biodiesel, which contribute to its diversified product portfolio.

Positive

• Declared a special cash dividend of $2.50 per share for shareholders.
• Demonstrates strong financial health and confidence in future profitability.

Negative

• None.

CLAYTON, Mo., May 10, 2021 (GLOBE NEWSWIRE) --  – FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it had declared a special cash dividend of $2.50 per share on its common stock, with a record date of May 21, 2021 and a payment date of June 4, 2021.

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 a bleach activator for a major detergent manufacturer, proprietary herbicide and intermediates for major life sciences 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 to its customers. Please visit www.futurefuelcorporation.com for more information.

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FAQ

What is the dividend amount for FutureFuel (FF)?

FutureFuel has declared a special cash dividend of $2.50 per share.

When is the record date for FutureFuel's dividend?

The record date for the dividend is May 21, 2021.

When will FutureFuel's dividend be paid?

The dividend will be paid on June 4, 2021.

What is FutureFuel's business focus?

FutureFuel focuses on manufacturing custom and performance chemicals, as well as biofuels.