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May 24, 2010 (FinancialWire) — FutureFuel Corp.’s (OTCBB: FTFL) board of directors has declared a special cash dividend of $0.20 per share on the company's common stock, with a record date of June 8, 2010.  The dividend is payable June 30, 2010.

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 June 8, 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.

Missouri-based FutureFuel was created in 2005 as a special purpose acquisition vehicle to acquire companies 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.

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