FutureFuel Corp (FF) will lower its quarterly dividend by 50.0 percent to $0.06 per share. Last year the company announced a 9.1 percent dividend hike and in 2013 a 10.0 percent dividend hike was declared by the manufacturer of diversified chemical products, specialty chemical products, and biofuel products.

FutureFuel Corp. is a manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers as well as multi-customer specialty chemicals. FutureFuel’s custom chemicals product portfolio includes a bleach activator for a major detergent manufacturer, proprietary herbicide and intermediates for major life sciences companies, and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company. FutureFuel’s performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications. FutureFuel’s biofuels segment primarily produces and sells biodiesel to its customers. The company has paid a regular dividend every year since 2011.