Warrior Met Coal Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Warrior Met Coal, Inc. (NYSE:HCC) has declared a quarterly cash dividend of $0.05 per share. This dividend will be paid on November 12, 2021, to stockholders recorded as of November 5, 2021. Warrior is focused on supplying non-thermal metallurgical coal, primarily to the global steel industry, and operates efficient longwall coal mining operations in Alabama. The company produces high-quality hard coking coal (HCC) that meets premium standards suitable for steel manufacturing.

Positive

• Declaration of a quarterly cash dividend of $0.05 per share, enhancing shareholder income.
• Strong position as a low-cost producer of high-quality hard coking coal for the global steel market.

Negative

• 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 $0.05 per share to be paid on November 12, 2021, to stockholders of record as of the close of business on November 5, 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/20211025005678/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 $0.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on November 12, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is November 5, 2021.

How does Warrior Met Coal's coal quality compare to competitors?

Warrior's hard coking coal (HCC) is of premium quality, similar to that produced in Australia, making it ideal for steel production.