The quarterly cash dividend will be $0.0375 per share
Miami, Florida-based World Fuel Services Corporation (WFS) [NYSE:INT] announced Friday its board of directors have declared a 12th consecutive quarterly cash dividend of $0.0375 per share.
The news release said that the dividend will be payable on October 5, 2012 to shareholders of record on September 14, 2012.
With the exception of the first three quarters of 2009, the Fortune 500 listed firm has maintained the same dividend payment since 2005.
Ship & Bunker reported earlier in the month the company's net income from the marine segment rose to $27.9 million compared to $25.7 million in Q2 2011.