World Kinect Corporation Increases Regular Quarterly Cash Dividend by 18%

World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, an increase of approximately 18% over its previous dividend of $0.17 per share. The dividend is payable on July 16, 2025, to shareholders of record on June 17, 2025.

“Over the past five years we have returned nearly $500 million to shareholders through dividends and share repurchases,” said Ira M. Birns, President and Chief Financial Officer. “Our dividend increase demonstrates our continued commitment to maximizing shareholder value and returning capital to our shareholders.”

About World Kinect Corporation

Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe along with a broad suite of sustainability-related products and services.

For more information, visit www.world-kinect.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250605604616/en/

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.