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

FutureFuel Corp. (NYSE:FF) declared a quarterly dividend on Tuesday, February 6th, Wall Street Journal reports. Investors of record on Wednesday, September 4th will be paid a dividend of 0.06 per share by the energy company on Wednesday, September 18th. This represents a $0.24 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Wednesday, September 4th.

FutureFuel Stock Down 1.0 %

Shares of NYSE:FF opened at $6.24 on Tuesday. The company’s 50 day moving average price is $5.47 and its two-hundred day moving average price is $5.68. FutureFuel has a 12-month low of $4.15 and a 12-month high of $8.36. The firm has a market cap of $273.08 million, a PE ratio of 13.57 and a beta of 0.63.

FutureFuel (NYSE:FF) last announced its earnings results on Friday, August 9th. The energy company reported $0.22 earnings per share (EPS) for the quarter. FutureFuel had a net margin of 11.80% and a return on equity of 15.62%. The firm had revenue of $72.41 million for the quarter.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. HC Wainwright upped their price target on shares of FutureFuel from $0.70 to $0.80 and gave the stock a “buy” rating in a report on Tuesday, May 14th. StockNews.com raised shares of FutureFuel from a “hold” rating to a “buy” rating in a research note on Monday, August 12th.

Insider Activity

In other news, Director Paul Manheim acquired 6,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was bought at an average cost of $6.10 per share, for a total transaction of $36,600.00. Following the completion of the transaction, the director now directly owns 19,103 shares in the company, valued at approximately $116,528.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Charles W. Lyon purchased 11,400 shares of FutureFuel stock in a transaction on Thursday, June 6th. The stock was acquired at an average cost of $4.36 per share, for a total transaction of $49,704.00. Following the completion of the acquisition, the insider now owns 11,400 shares of the company’s stock, valued at approximately $49,704. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Paul Manheim purchased 6,000 shares of FutureFuel stock in a transaction on Thursday, August 15th. The stock was bought at an average price of $6.10 per share, with a total value of $36,600.00. Following the completion of the acquisition, the director now directly owns 19,103 shares of the company’s stock, valued at approximately $116,528.30. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 76,302 shares of company stock valued at $356,399. Insiders own 40.90% of the company’s stock.

About FutureFuel

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.