Warrior Met Coal Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Warrior Met Coal (NYSE:HCC) has declared a quarterly cash dividend of $0.06 per share, scheduled for payment on August 18, 2022, to shareholders on record by August 11, 2022. The company, based in Alabama, specializes in non-thermal metallurgical coal production, essential for steel manufacturing. Warrior is recognized for its efficient operations and premium hard coking coal (HCC), which undergoes operations in longwall mines and is comparable to the best quality Australian coal. For more details, visit www.warriormetcoal.com.

Positive

• Regular quarterly cash dividend of $0.06 per share enhances shareholder income.
• Company's operations yield premium hard coking coal, ensuring strong market positioning.

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 $0.06 per share to be paid on August 18, 2022, to stockholders of record as of the close of business on August 11, 2022.

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/20220801005018/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?

Warrior Met Coal declared a quarterly cash dividend of $0.06 per share.

When will Warrior Met Coal's dividend be paid?

The dividend will be paid on August 18, 2022.

What is the record date for Warrior Met Coal's dividend?

The record date for the dividend is August 11, 2022.

What does Warrior Met Coal specialize in?

Warrior Met Coal specializes in mining non-thermal metallurgical coal used in steel production.