FutureFuel Corp. (NYSE:FF) to Issue $0.06 Quarterly Dividend

FutureFuel Corp. (NYSE:FF) announced a quarterly dividend on Monday, December 9th,Wall Street Journal reports. Investors of record on Thursday, December 4th will be given a dividend of 0.06 per share by the energy company on Thursday, December 18th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend is Thursday, December 4th.

FutureFuel Stock Up 3.1 %

FF stock traded up $0.16 during mid-day trading on Monday, reaching $5.30. 347,006 shares of the company traded hands, compared to its average volume of 439,238. The stock has a market cap of $231.93 million, a price-to-earnings ratio of 6.27 and a beta of 0.58. FutureFuel has a fifty-two week low of $4.15 and a fifty-two week high of $8.36. The firm’s 50 day moving average price is $5.69 and its 200 day moving average price is $5.43.

Insider Buying and Selling

In related news, CEO Roeland Polet purchased 10,000 shares of FutureFuel stock in a transaction that occurred on Wednesday, November 13th. The stock was bought at an average price of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at $51,100. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 41.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered FutureFuel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

FutureFuel Company Profile

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.