FutureFuel Corp. (NYSE:FF) Plans Quarterly Dividend of $0.01

FutureFuel Corp. (NYSE:FF) declared 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) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th.

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

FutureFuel Price Performance

FutureFuel stock opened at $4.53 on Wednesday. The business has a 50 day moving average of $4.32 and a 200-day moving average of $3.94. The company has a market capitalization of $198.47 million, a P/E ratio of -3.80 and a beta of 0.82. FutureFuel has a 1 year low of $3.09 and a 1 year high of $5.12.

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

Insiders Place Their Bets

In other news, CEO Roeland Polet bought 10,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was acquired at an average price of $4.28 per share, with a total value of $42,800.00. Following the transaction, the chief executive officer owned 35,000 shares of the company’s stock, valued at $149,800. This trade represents a 40.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 42.40% of the company’s stock.

Institutional Investors Weigh In On FutureFuel

Large investors have recently modified their holdings of the company. Gate City Capital Management LLC raised its stake in FutureFuel by 37.3% during the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock worth $3,522,000 after buying an additional 299,924 shares during the last quarter. Geode Capital Management LLC boosted its position in FutureFuel by 10.7% during the second quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after acquiring an additional 92,481 shares during the last quarter. State Street Corp boosted its position in FutureFuel by 0.5% during the fourth quarter. State Street Corp now owns 620,530 shares of the energy company’s stock valued at $1,979,000 after acquiring an additional 3,154 shares during the last quarter. Bridgeway Capital Management LLC grew its holdings in FutureFuel by 8.1% during the 3rd quarter. Bridgeway Capital Management LLC now owns 467,991 shares of the energy company’s stock worth $1,816,000 after acquiring an additional 34,994 shares during the period. Finally, Millennium Management LLC grew its holdings in FutureFuel by 4.4% during the 3rd quarter. Millennium Management LLC now owns 417,329 shares of the energy company’s stock worth $1,619,000 after acquiring an additional 17,546 shares during the period. 44.56% of the stock is currently owned by institutional investors and hedge funds.

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.