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Three Fortune 500 Industry Leaders—Energy Transfer, Verizon, and World Kinect—currently meet the 'dogcatcher' ideal of fair price and safer dividends. Analyst targets project 21% to 50% net gains for the top ten F500IL dividend dogs by June 2026, with average gains of 28.8%. Most top-yielding F500IL stocks remain overpriced, but a 60% market correction or dividend increases could make all ten f...
MIAMI--(BUSINESS WIRE)--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 s...
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that Ira M. Birns, currently EVP and Chief Financial Officer, has been promoted to President and will continue in his CFO role, and that John P. Rau, currently EVP of Global Aviation, Land and Marine, has been promoted to Chief Operating Officer. They will continue to report directly to Chairman and CEO Michael Kasbar....
World Kinect Corporation (NYSE:WKC ) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Braulio Medrano – Senior Director-FP&A and Investor Relations Michael Kasbar – Chairman and Chief Executive Officer Ira Birns – Executive Vice President and Chief Financial Officer Conference Call Participants Ken Hoexter – BofA Ben Nolan – Stifel John Royall – JPMorgan Operator ...
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Gross profit of $230 million GAAP net loss of $21 million, or $0.37 per diluted share Adjusted net income of $27 million, or $0.48 per diluted share Generated $114 million of operating cash flow Repurchased $10 million of common stock Adjuste...
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today announced the appointment of Jeffrey M. Kottkamp to the Board of Directors of the company. “We are delighted to have Jeff join our Board of Directors,” said Michael J. Kasbar, chairman and chief executive officer. “He is an accomplished audit and financial services executive who brings a wealth of accounting and regulatory exper...
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, April 24, 2025, at 5:00 p.m. ET to discuss the company's first quarter 2025 results, as well as certain forward-looking information. The company plans to release its first quarter 2025 results after the market closes on the same date. Participants ca...
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, which is payable on April 16, 2025 to shareholders of record on March 31, 2025. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a global energy management company offering fulfi...
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