World Kinect Corporation Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

World Kinect (NYSE: WKC) announced a regular quarterly cash dividend of $0.17 per share. This dividend will be payable on July 16, 2024, to shareholders who are recorded as of June 17, 2024.

Positive

• Regular quarterly cash dividend maintained at $0.17 per share.
• Dividend provides consistent income for shareholders.
• Announcement of dividend demonstrates financial stability.

Negative

• No changes in dividend amount, which might be seen as lack of growth.
• No additional information on financial performance or future outlook was provided.

MIAMI--(BUSINESS WIRE)-- World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, which is payable on July 16, 2024 to shareholders of record on June 17, 2024.

About World Kinect Corporation

Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. We also supply natural gas and power in the United States and Europe along with a growing suite of other sustainability-related products and services.

For more information, visit www.world-kinect.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240606053914/en/

Ira M. Birns, Executive Vice President & Chief Financial Officer

Elsa Ballard, Vice President, Investor Relations & Communications

investor@worldkinect.com

Source: World Kinect Corporation

FAQ

What is the dividend amount announced by World Kinect ?

World Kinect announced a quarterly cash dividend of $0.17 per share.

When is the dividend payment date for World Kinect ?

The payment date for the dividend is July 16, 2024.

What is the record date for World Kinect 's dividend?

The record date for the dividend is June 17, 2024.

Is there any change in the dividend amount for World Kinect ?

No, the dividend amount remains at $0.17 per share.