World Kinect hikes dividend by 15%
The latest increase extends World Kinect's dividend growth streak to 8 consecutive years. At a share price of $31.12, the dividend corresponds to a yield of approximately 3.0%. The ex-dividend date is June 30, 2026.
The latest increase of 15.0% marks the third consecutive year of double-digit dividend growth for World Kinect. The company raised its dividend by 17.6% in 2025 and 21.4% in 2024, while no dividend increase was announced in 2023 and 2020.
Shares of World Kinect are up approximately 34% year-to-date. World Kinect provides energy management, fuel, logistics, and related services to aviation, marine, and land-based customers worldwide. For more information, you can visit the website of World Kinect.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.