Warrior Met Coal Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Warrior Met Coal (NYSE:HCC) declared a quarterly cash dividend of $0.05 per share, payable on March 8, 2021, to stockholders of record by the close of business on March 1, 2021. The company specializes in high-quality non-thermal metallurgical coal, primarily for the global steel industry, boasting efficient longwall operations in Alabama. Warrior's premium hard coking coal (HCC) is known for its low sulfur content and strong coking properties, achieving price realizations close to the Platts Premium LV FOB Index price.

Positive

• Declared a quarterly cash dividend of $0.05 per share.
• Strong coking properties and low sulfur content enhance coal quality.
• Achieves favorable price realizations near the Platts Premium LV FOB Index.

Negative

• None.

Warrior Met Coal, Inc. (NYSE:HCC) (“Warrior” or the “Company”) today announced its board of directors has declared a regular quarterly cash dividend of $0.05 per share to be paid on March 8, 2021, to stockholders of record as of the close of business on March 1, 2021.

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/20210218005053/en/

FAQ

What is the dividend amount for Warrior Met Coal?

Warrior Met Coal declared a cash dividend of $0.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 8, 2021.

What is the record date for the dividend?

The record date for the dividend is March 1, 2021.

What type of coal does Warrior Met Coal produce?

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