Warrior Met Coal Declares Regular Quarterly Cash Dividend
Warrior Met Coal, Inc. (NYSE:HCC) declared a quarterly cash dividend of $0.05 per share, scheduled for payment on November 9, 2020. Shareholders must be on record by the close of business on November 2, 2020. The company is a leading supplier of metallurgical coal for the global steel industry, known for its low-sulfur, high-quality coal produced in Alabama. Warrior's coal is comparable to premium Australian coal, resulting in favorable pricing aligned with the Platts Premium LV FOB Index.
- Declared a quarterly cash dividend of $0.05 per share, providing income for shareholders.
- Strong market position as a low-cost producer of premium metallurgical coal.
- None.
BROOKWOOD, Ala.--(BUSINESS WIRE)--Warrior Met Coal, Inc. (NYSE:HCC) (“Warrior” or the “Company”) today announced its board of directors has declared a regular quarterly cash dividend of
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.
