dividend
confidence high
sentiment positive
materiality 0.85
FutureFuel reports 2023 net income of $37.4M, special dividend $2.50/sh, $25M buyback
FutureFuel Corp.
- Q4 rev $92.0M (down 22% YoY); net income $23.4M ($0.53/diluted) vs $14.9M.
- FY rev $368.3M (down 7% YoY); net income $37.4M ($0.85/diluted) vs $15.2M.
- Adjusted EBITDA FY $35.0M, up 26% from $27.8M.
- Special cash dividend $2.50/share; record 3/26, pay 4/9/24.
- Authorized $25M share buyback over 24 months.