March 17, 2010 (FinancialWire) — FutureFuel Corp.’s (OTCBB: FTF) board has declared a special cash dividend of U.S. $0.20 per share on the company’s common stock, with a record date of March 23, 2010.

The company said that, for purposes of the record date, those holders of the company’s warrants or options who properly exercise their warrants or options on or before March 23, 2010 will be considered holders of record on such date, whether or not new stock certificates have been issued to such holders by that date.

The dividend is payable April .

Missouri-based FutureFuel Corp. was created in 2005 as a special purpose acquisition vehicle to acquire companies and make an impact in the biofuel and fuel industries.

In October 2006, the company purchased FutureFuel Chemical, the owner and operator of a chemical and biodiesel manufacturing facility located near Batesville, Arkansas. Since then, the company has worked in the U.S. biofuel industry, while maintaining its Batesville facility as a specialty chemical manufacturer.

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