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

FutureFuel Corp. (NYSE:FF) declared a quarterly dividend on Monday, December 9th,Wall Street Journal reports. Stockholders of record on Thursday, December 4th will be paid 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 is Thursday, December 4th.

FutureFuel Price Performance

FF traded up $0.16 during trading on Monday, hitting $5.30. The stock had a trading volume of 347,006 shares, compared to its average volume of 439,238. The firm has a market cap of $231.93 million, a price-to-earnings ratio of 6.27 and a beta of 0.58. The company has a 50 day moving average price of $5.69 and a 200-day moving average price of $5.43. FutureFuel has a one year low of $4.15 and a one year high of $8.36.

Insider Transactions at FutureFuel

In other news, CEO Roeland Polet acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was bought at an average cost of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $51,100. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 41.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded FutureFuel from a “strong-buy” rating to a “hold” rating in a research note 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.