Why it’s on the map
Canada is the top US ethanol buyer and ethanol is EXCLUDED from Canada's list — main risk removed; Q2 raised guide on biofuel margins.
Government money & contracts
USDA programs.
Customers & commercial
Global.
Catalysts
Biofuel policy.
Risk
Second-tranche retaliation could add ethanol.
Tariff durability
Spared this round.
Dividend · #13 of 47 payers by yield
2.70% yield
$2.08 a share a year · quarterly · pays Mar · Jun · Sept · Dec
Per payment$0.52a share, 4× a year
Next payoutexpected Decnot yet declared
Last ex-dateAug 19, 2026own it before the ex-date to collect
Last paidSept 9, 2026$0.52 a share
Payout ratio56%of earnings · comfortable
Raised53 yrsconsecutive years of increases
Shares at the Oct 30 close of $76.9113.00
Each payment$6.76
Per year · 4 payments$27.04
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Aug 19, 2026 | Sept 9, 2026 | $0.52 | |
| May 20, 2026 | Jun 10, 2026 | $0.52 | |
| Feb 17, 2026 | Mar 10, 2026 | $0.52 | |
| Nov 19, 2025 | Dec 11, 2025 | $0.51 |
Yield = $0.52 × 4 ÷ the Oct 30 close of $76.91. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source