ST. LOUIS, Oct 10 /PRNewswire-FirstCall/ -- On October 1st, the board of directors of FutureFuel Corp. (BULLETIN BOARD: FTFL) filed an 8K with the SEC declaring a special cash dividend of U.S. $0.70 per share.
FutureFuel Corp. (the "Company") has declared a special cash dividend of U.S. $0.70 per share on the Company's common stock, with a record date of October 22, 2008. For purposes of the record date, those holders of the Company's warrants or options who properly exercise their warrants or options on or before October 22, 2008 will be considered holders of record on such date, whether or not new stock certificates have been issued to such holders by that date.
The dividend is payable November 11, 2008.
FutureFuel Corp. was created in 2005 as a special purpose acquisition vehicle to acquire companies and make a notable impact in the biofuel and fuel industries. In the summer of 2006, the Company purchased FutureFuel Chemical Company (formerly named "Eastman SE, Inc.") near Batesville, Arkansas. Since then, the Company has worked to become a leader in the U.S. biofuel industry, while maintaining the Batesville facility's status as a world-class specialty chemical manufacturer.
