World Kinect hikes dividend by 17.6%

On June 5, 2025, World Kinect Corp (WKC) declared a dividend hike of 17.6% to 20 cents quarterly per share. This marks seven consecutive years of increases.

The next WKC dividend is payable on July 16, 2025, to shareholders of record on June 17, 2025. The dividend yield is 2.9% at a stock price of $28.03. Last year WKC hiked its dividend by an even bigger 21.4% to 17 cents quarterly.

“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.”

Headquartered in Miami, Florida, World Kinect Corporation 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.