Business Context and Reporting Period
Company: FutureFuel Corp. (NYSE: FF)
Filing Type: Form 8-K (Current Report)
Date of Report: December 2, 2020
Event Date: December 3, 2020
Context: The filing announces the declaration of the 2021 quarterly dividend program.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on dividend declarations.
- Dividend Amount: $0.06 per share (quarterly).
- Dividend Type: Normal quarterly dividends.
Material Changes
The filing does not provide comparative financial data or discuss material changes in operating results versus prior periods. The primary change reported is the establishment of the 2021 dividend schedule.
Guidance, Outlook, and Management Commentary
Dividend Schedule: Management has set the following record and payment dates for 2021:
| Record Date | Payment Date |
|---|---|
| March 1, 2021 | March 15, 2021 |
| June 1, 2021 | June 15, 2021 |
| September 1, 2021 | September 15, 2021 |
| December 1, 2021 | December 15, 2021 |
Risks and Contingencies: The filing text does not explicitly list new risks or contingencies associated with this event, though dividend payments are subject to board approval and company financial condition.
Investor Verification Checklist
- Verify the ex-dividend dates for each quarter, as they are not explicitly listed in this text (typically 1-2 business days before the record date).
- Confirm the total annual dividend yield based on the current stock price and the $0.24 annualized dividend ($0.06 x 4).
- Review the full press release (Exhibit 99.1) for any additional commentary on the company's cash position supporting these payments.
- Check subsequent filings to ensure the dividend program remains active and unchanged for the 2021 fiscal year.