FutureFuel Corp. (FF) to Distribute Quarterly Dividend of $0.01 on September 18th

FutureFuel Corp. (NYSE:FF) announced a quarterly dividend on Tuesday, June 30th. Stockholders of record on Friday, September 4th will be given a dividend of 0.01 per share by the energy company on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th.

FutureFuel has decreased its dividend payment by an average of 0.4%per year over the last three years.

FutureFuel Stock Up 2.8%

FF opened at $4.64 on Thursday. FutureFuel has a twelve month low of $3.09 and a twelve month high of $5.12. The company has a fifty day moving average of $4.33 and a 200-day moving average of $3.95. The stock has a market cap of $203.73 million, a PE ratio of -3.90 and a beta of 0.81.

FutureFuel (NYSE:FF) last released its earnings results on Monday, May 11th. The energy company reported ($0.47) earnings per share (EPS) for the quarter. The firm had revenue of $31.95 million during the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%.

Insiders Place Their Bets

In other news, CEO Roeland Polet purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average cost of $4.28 per share, with a total value of $42,800.00. Following the purchase, the chief executive officer owned 35,000 shares in the company, valued at $149,800. This represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 42.40% of the company’s stock.

Institutional Investors Weigh In On FutureFuel

A number of hedge funds have recently added to or reduced their stakes in FF. BNP Paribas Financial Markets raised its position in shares of FutureFuel by 226.0% during the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock worth $35,000 after purchasing an additional 6,266 shares during the period. Centiva Capital LP bought a new position in shares of FutureFuel in the 3rd quarter worth $50,000. Brooklyn Investment Group grew its position in FutureFuel by 4,087.0% in the 3rd quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after purchasing an additional 12,547 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in FutureFuel in the 3rd quarter valued at $51,000. Finally, HRT Financial LP bought a new stake in FutureFuel during the 4th quarter valued at $56,000. Institutional investors and hedge funds own 44.56% of the company’s stock.

About FutureFuel

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.