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

FutureFuel Corp. (NYSE:FF) announced a quarterly dividend on Tuesday, February 6th, Wall Street Journal reports. Investors of record on Wednesday, September 4th will be given 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 is Wednesday, September 4th.

FutureFuel Trading Down 1.0 %

FF stock opened at $6.24 on Monday. The firm has a 50 day simple moving average of $5.45 and a 200-day simple moving average of $5.68. The company has a market capitalization of $273.06 million, a P/E ratio of 13.57 and a beta of 0.63. FutureFuel has a twelve month low of $4.15 and a twelve month high of $8.36.

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

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of analysts have weighed in on the stock. HC Wainwright increased their target price 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 FutureFuel from a “hold” rating to a “buy” rating in a research note on Monday, August 12th.

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.