World Kinect Corporation Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

World Kinect Corporation (NYSE:WKC) declares quarterly cash dividend of $0.14 per share. Company changes name from World Fuel Services Corporation to World Kinect Corporation. Begins trading under new name and ticker symbol (NYSE: WKC) on June 16, 2023.

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• World Kinect Corporation declares quarterly cash dividend of $0.14 per share

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MIAMI--(BUSINESS WIRE)-- World Kinect Corporation (NYSE:WKC) (the “Company”) announced today that its board of directors has declared a quarterly cash dividend of $0.14 per share, which is payable on July 10, 2023 to shareholders of record on June 26, 2023.

Earlier today, the Company announced that it had changed its name from World Fuel Services Corporation to World Kinect Corporation. The Company will begin trading under its new name and new ticker symbol (NYSE: WKC) effective tomorrow, on June 16, 2023.

About World Kinect Corporation

Headquartered in Miami, Florida, World Kinect Corporation is a leading global energy management company, offering a broad suite of energy advisory, management and fulfillment services, digital and other technology solutions, as well as sustainability products and services across the energy product spectrum. In addition to our core energy offerings to customers in the transportation sector, we have expanded our product and service offerings to include energy advisory services, sustainability and renewable energy solutions, as well as supply fulfillment for natural gas and power. We continue to focus on advancing the energy transition to lower carbon alternatives through expanding our portfolio of energy solutions and providing customers with greater access to sustainably sourced energy.

For more information, visit corp.worldkinect.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230615695628/en/

Ira M. Birns

Executive Vice President & Chief Financial Officer



Elsa Ballard

Vice President of Investor Relations



investor@worldkinect.com

Source: World Kinect Corporation

FAQ

What is the new name of World Fuel Services Corporation?

The new name is World Kinect Corporation.

When does the dividend payment occur?

The dividend payment is scheduled for July 10, 2023.

What is the new ticker symbol for World Kinect Corporation?

The new ticker symbol is NYSE: WKC.