World Kinect Boosts Quarterly Dividend by 15%

Dow Jones

Jun 19

By Elias Schisgall

World Kinect is boosting its quarterly dividend by 15% to 23 cents a share, up from 20 cents.

The new payout, equal to 92 cents a year, represents a 2.9% annual yield based on the company's Thursday closing price of $31.12.

The dividend will be paid on July 16 to shareholders of record as of June 30.

"The Board's approval of a 15% increase to our quarterly dividend reflects confidence in our business and our continued focus on returning capital to shareholders," Chief Financial Officer Mike Tejada said.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

June 18, 2026 17:38 ET (21:38 GMT)

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