Warrior Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Warrior Met Coal, Inc. declares quarterly cash dividend of $0.07 per share.

Positive

• Warrior Met Coal, Inc. has declared a regular quarterly cash dividend of $0.07 per share. This announcement is positive news for stockholders as it indicates the company's commitment to returning value to shareholders. The dividend will be paid on November 10, 2023, to stockholders of record as of November 3, 2023.

Negative

• None.

BROOKWOOD, Ala.--(BUSINESS WIRE)-- Warrior Met Coal, Inc. (NYSE:HCC) (“Warrior” or the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on November 10, 2023, to stockholders of record as of the close of business on November 3, 2023.

About Warrior

Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia. Warrior is a large-scale, low-cost producer and exporter of premium met coal, also known as hard coking coal (“HCC”), operating highly efficient longwall operations in its underground mines based in Alabama. The HCC that Warrior produces from the Blue Creek coal seam contains very low sulfur, has strong coking properties and is of a similar quality to coal referred to as the premium HCC produced in Australia. The premium nature of Warrior’s HCC makes it ideally suited as a base feed coal for steel makers and results in price realizations near the Platts Premium LV FOB Index price. For more information, please visit www.warriormetcoal.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231024893478/en/

For Investors:

Dale W. Boyles, 205-554-6129

dale.boyles@warriormetcoal.com



For Media:

D’Andre Wright, 205-554-6131

dandre.wright@warriormetcoal.com

Source: Warrior Met Coal, Inc.

FAQ

What is the dividend amount declared by Warrior Met Coal, Inc.?

Warrior Met Coal, Inc. has declared a quarterly cash dividend of $0.07 per share.

When will the dividend be paid?

The dividend will be paid on November 10, 2023.

Who is eligible to receive the dividend?

Stockholders of record as of November 3, 2023, are eligible to receive the dividend.

What is the significance of this dividend declaration?

The dividend declaration reflects Warrior Met Coal, Inc.'s commitment to returning value to its shareholders.