World Kinect Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. Its Aviation segment supplies fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, charters, fractional operators, private aircraft, the U.S., foreign governments, intergovernmental, and military customers. This segment also offers fuel management, price risk management, ground handling, dispatch services and trip planning services, such as flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, natural gas, power, and related products and services to retail petroleum operators, as well as industrial, commercial, residential and government customers. This segment also offers energy procurement management, price risk management, and sustainability solutions, such as carbon management and renewable energy solutions; distributes fuel under long-term contracts to branded and unbranded distributors, convenience stores, and retail fuel outlets operated by third parties; and distributes heating oil and unbranded fuel, as well as offers transportation logistics. Its Marine segment markets fuel, lubricants, and related products and services to international container, dry bulk and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S., foreign governments, and other fuel suppliers. Its marine fuel-related services include management services to procure fuel, cost control, quality control, and claims management services. This segment also engages in the fueling of vessels, and transportation and delivery of fuel and fuel-related products. The company was formerly known as World Fuel Services Corporation and changed its name to World Kinect Corporation in June 2023. World Kinect Corporation was incorporated in 1984 and is headquartered in Miami, Florida.
World Kinect Dividend Announcement
• World Kinect announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-09-30
• World Kinect annual dividend for 2024 was $0.51
• World Kinect annual dividend for 2023 was $0.56
• World Kinect's trailing twelve-month (TTM) dividend yield is 2.24%
• World Kinect's payout ratio for the trailing twelve months (TTM) is 27.46%
• World Kinect's dividend growth over the last five years (2018-2023) was 18.47% year
• World Kinect's dividend growth over the last ten years (2013-2023) was 14.16% year
World Kinect Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.17 | quarterly | 2024-10-16 |
| 2024-06-17 | $0.17 | quarterly | 2024-07-16 |
| 2024-03-22 | $0.17 | quarterly | 2024-04-16 |
| 2023-12-15 | $0.14 | quarterly | 2024-01-16 |
| 2023-09-29 | $0.14 | quarterly | 2023-10-16 |
| 2023-06-23 | $0.14 | quarterly | 2023-07-10 |
| 2023-04-05 | $0.14 | quarterly | 2023-04-21 |
| 2022-12-22 | $0.14 | quarterly | 2023-01-06 |
| 2022-09-22 | $0.14 | quarterly | 2022-10-07 |
| 2022-06-02 | $0.12 | quarterly | 2022-07-01 |
| 2022-03-24 | $0.12 | quarterly | 2022-04-08 |
| 2021-12-16 | $0.12 | quarterly | 2022-01-07 |
| 2021-09-16 | $0.12 | quarterly | 2021-10-08 |
| 2021-06-03 | $0.12 | quarterly | 2021-07-01 |
| 2021-03-25 | $0.12 | quarterly | 2021-04-09 |
| 2020-12-10 | $0.10 | quarterly | 2021-01-05 |
| 2020-09-24 | $0.10 | quarterly | 2020-10-09 |
| 2020-06-04 | $0.10 | quarterly | 2020-07-02 |
| 2020-03-26 | $0.10 | quarterly | 2020-04-09 |
| 2019-12-19 | $0.10 | quarterly | 2020-01-10 |
| 2019-09-24 | $0.10 | quarterly | 2019-10-11 |
| 2019-06-07 | $0.10 | quarterly | 2019-07-05 |
| 2019-03-21 | $0.06 | quarterly | 2019-04-12 |
| 2018-12-13 | $0.06 | quarterly | 2019-01-07 |
| 2018-09-20 | $0.06 | quarterly | 2018-10-12 |
| 2018-06-07 | $0.06 | quarterly | 2018-07-06 |
| 2018-03-15 | $0.06 | quarterly | 2018-04-06 |
| 2017-12-14 | $0.06 | quarterly | 2018-01-05 |
| 2017-10-13 | $0.06 | quarterly | 2017-11-06 |
| 2017-06-07 | $0.06 | quarterly | 2017-07-07 |
| 2017-03-15 | $0.06 | quarterly | 2017-04-07 |
| 2016-12-14 | $0.06 | quarterly | 2017-01-06 |
| 2016-09-21 | $0.06 | quarterly | 2016-10-12 |
| 2016-06-08 | $0.06 | quarterly | 2016-07-01 |
| 2016-03-16 | $0.06 | quarterly | 2016-04-08 |
| 2015-12-16 | $0.06 | quarterly | 2016-01-08 |
| 2015-09-17 | $0.06 | quarterly | 2015-10-13 |
| 2015-06-17 | $0.06 | quarterly | 2015-07-10 |
| 2015-03-18 | $0.06 | quarterly | 2015-04-10 |
| 2014-12-17 | $0.04 | quarterly | 2015-01-09 |
| 2014-09-17 | $0.04 | quarterly | 2014-10-10 |
| 2014-06-18 | $0.04 | quarterly | 2014-07-11 |
| 2014-03-19 | $0.04 | quarterly | 2014-04-04 |
| 2013-12-11 | $0.04 | quarterly | 2014-01-03 |
| 2013-09-18 | $0.04 | quarterly | 2013-10-04 |
| 2013-06-19 | $0.04 | quarterly | 2013-07-05 |
| 2013-03-20 | $0.04 | quarterly | 2013-04-05 |
World Kinect Dividend per year
World Kinect Dividend growth
World Kinect Dividend Yield
World Kinect current trailing twelve-month (TTM) dividend yield is 2.24%. Interested in purchasing World Kinect stock? Use our calculator to estimate your expected dividend yield:
World Kinect Financial Ratios
P/E ratio12.68
PEG ratio0.80
P/B ratio0.83
ROE6.74%
Payout ratio27.46%
Current ratio1.16
Quick ratio0.99
Cash Ratio0.10
World Kinect Dividend FAQ
How much is the next World Kinect dividend?
World Kinect's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next World Kinect dividend. The next World Kinect dividend will be released in April, June, September, or December.
When is World Kinect dividend paid?
World Kinect pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does World Kinect pay?
The specific amount of World Kinect dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find World Kinect's dividend history.
Does World Kinect stock pay dividends?
Yes, World Kinect does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find World Kinect's dividend history.
How much dividend does World Kinect pay?
World Kinect paid $0.51 in 2024, $0.56 in 2023, $0.52 in 2022, $0.48 in 2021, and $0.4 in 2020.
How often does World Kinect pay dividends?
World Kinect typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, June, September, and December.
What is World Kinect's dividend yield?
The current dividend yield for World Kinect is 2.24%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate World Kinect's exact dividend yield.
When does World Kinect go ex dividend?
World Kinect's ex-dividend date for the latest dividend was on 2024-09-30. World Kinect typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next World Kinect dividend paid?
World Kinect pays dividends on a quarterly basis, typically around April, June, September, or December, but the exact dates can vary each year.
Will World Kinect increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether World Kinect will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is World Kinect dividend per share?
World Kinect paid $0.51 per share in 2024 and $0.56 per share in 2023. The amount of dividend per share that World Kinect pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is World Kinect a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is World Kinect a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is World Kinect a dividend stock?
Yes, World Kinect is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is World Kinect a good dividend stock?
Whether World Kinect is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. World Kinect has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating World Kinect as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating World Kinect as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does World Kinect pay dividends monthly?
World Kinect typically pays dividends on a quarterly basis.
Does World Kinect pay dividends quarterly?
World Kinect currently pays dividends on a quarterly basis.
Has World Kinect ever paid a dividend?
Yes, World Kinect has a history of paying dividends to its shareholders. World Kinect is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy World Kinect dividend stocks?
To buy World Kinect you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy World Kinect stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy World Kinect stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does World Kinect pay dividends 2024?
World Kinect pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will World Kinect increase its dividend in 2024?
Decisions regarding World Kinect dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date World Kinect dividend overview you can look into the above table of dividend history.
How World Kinect dividend works?
The World Kinect dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how World Kinect's dividend process works:
1. Determination of Dividend: World Kinect's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, World Kinect publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, World Kinect distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from World Kinect are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: World Kinect's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, World Kinect publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, World Kinect distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from World Kinect are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are World Kinect dividends paid?
World Kinect dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: World Kinect sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, World Kinect distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: World Kinect declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: World Kinect sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, World Kinect distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: World Kinect declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does World Kinect pay dividends?
World Kinect typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does World Kinect pay dividends?
The general pattern is that World Kinect pays dividends around April, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is World Kinect dividend safe?
The safety of World Kinect's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of World Kinect's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review World Kinect's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of World Kinect's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review World Kinect's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.