World Kinect Corporation

World Kinect Corp posted its highest quarterly adjusted earnings per share in company history at $1.29, driven by record gross profits in its aviation and marine segments. Aviation gross profit rose 51% year-over-year to $208 million, while marine gross profit nearly tripled to $80 million, both all-time quarterly records for their respective segments. Consolidated gross profit increased 50% to $350 million, also a quarterly record. The company raised its full-year adjusted EPS guidance to a range of $3.20 to $3.40 per share, up from the prior range of $2.65 to $2.85, and announced a 15% increase in its quarterly dividend alongside approximately $14 million in share repurchases during the quarter.

Several major companies announced quarterly dividends. AbbVie declared a quarterly cash dividend of $1.73 per share, payable August 14, 2026 to stockholders of record on July 15, 2026. World Kinect declared a quarterly cash dividend of $0.23 per share, a 15 percent increase over its previous $0.20 per share, payable July 16, 2026 to shareholders of record on June 30, 2026. Owens Corning declared a quarterly cash dividend of $0.79 per common share, payable August 6, 2026 to shareholders of record on July 20, 2026. Delta Air Lines declared a quarterly dividend of $0.2150 per share, an increase of approximately 15 percent over previous levels, payable July 30, 2026 to shareholders of record on July 9, 2026. Eli Lilly declared a third-quarter 2026 dividend of $1.73 per share, payable September 10, 2026 to shareholders of record on August 14, 2026. DTE Energy declared a $1.165 per share dividend on its common stock, payable October 15, 2026 to shareholders of record on September 21, 2026.

World Kinect declared a quarterly cash dividend of $0.23 per share, a 15% increase from the prior dividend of $0.20. The dividend is payable on July 16 to shareholders of record as of June 30, with an ex-dividend date of June 30. The forward yield is 2.96%.