World Fuel Services Corp(NYSE:INT) Declares Dividend of $0.0600.

World Fuel Services Corp (NYSE:INT) had declared a cash dividend of $0.0600 on Sep 12, 2016. The shares will quote ex-dividend on Sep 21, 2016 and the record date has been fixed for Sep 23, 2016. On Sep 12, 2016 share price, the yield comes out to be 0.5303%. The dividend payable date has been fixed on Oct 12, 2016.

In a different note, Stifel Nicolaus said it Initiates Coverage on World Fuel Services Corp, according to a research note issued on Aug 24, 2016. The shares have been rated ‘Hold’ by the firm.

World Fuel Services Corp (INT) shares turned negative on Tuesdays trading session with the shares closing down -0.77 points or -1.71% at a volume of 3,24,506. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $45.28. The peak price level was also seen at $45.28 while the days lowest was $44.14. Finally the shares closed at $44.18. The 52-week high of the shares is $51.01 while the 52-week low is $34.3. According to the latest information available, the market cap of the company is $3,112 M.

World Fuel Services Corp(INT) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $6.66B. Analysts had an estimated revenue of $6.28B. Earnings per share were $0.50. Analysts had estimated an EPS of $0.56.

Several Insider Transactions has been reported to the SEC. On Aug 12, 2016, Carlos M. Velazquez (SVP, Chief Accounting Officer) sold 599 shares at $45.21 per share price.Also, On Aug 3, 2016, Michael J Kasbar (Chairman, CEO and President) sold 25,950 shares at $46.85 per share price.On May 12, 2016, John Peter Rau (EVP, Global Aviation & Marine) sold 1,000 shares at $45.21 per share price, according to the Form-4 filing with the securities and exchange commission.

World Fuel Services Corporation is a fuel logistics transaction management and payment processing company. The Company is engaged in the distribution of fuel and related products and services in the aviation marine and land transportation industries. It operates in three segments: aviation marine and land. The aviation segment offers fuel and related services to commercial airlines second and third-tier airlines cargo carriers regional and low cost carriers airports fixed-based operators corporate fleets fractional operators private aircraft military fleets and to the United States and foreign Governments. The marine segment offers fuel lubricants and related products and services to a base of marine customers including international container and tanker fleets commercial cruise lines yachts and time-charter operators the United States and foreign Governments. The land segment offers fuel lubricants and related products and services to petroleum distributors.

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