FutureFuel Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FutureFuel Corp. (NYSE: FF) on November 20, 2013. The report discloses a special cash dividend declaration and the establishment of the 2014 quarterly dividend program.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity figures. The primary financial data disclosed relates to shareholder distributions:
- Special Dividend: $0.25 per share.
- Regular Quarterly Dividend (Q4 2013): $0.11 per share.
- Total Dividend (Q4 2013): $0.36 per share.
- 2014 Quarterly Dividend Program: $0.12 per share per quarter.
Material Changes
The Company increased its total dividend payout for the December 2013 record date to $0.36 per share, combining the regular quarterly dividend with a special dividend. Additionally, the Company raised its standard quarterly dividend rate from $0.11 to $0.12 per share for the 2014 fiscal year.
Guidance, Outlook, and Risks
The filing outlines the Company's commitment to returning capital to shareholders through an enhanced dividend program for 2014. No specific operational guidance, risk factors, or contingencies are detailed in this specific report beyond the dividend announcements.
Investor Verification Checklist
- Verify the record date of December 2, 2013, and payment date of December 16, 2013, for the $0.36 total dividend.
- Confirm the 2014 dividend schedule: Record dates on March 3, June 2, September 2, and December 1, 2014.
- Review the full press release (Exhibit 99.1) for any additional context regarding the source of funds for the special dividend.