Warrior Met Coal Declares Special Cash Dividend

Rhea-AI Summary

Warrior Met Coal, Inc. (NYSE:HCC) has declared a special cash dividend of $0.50 per share, which will be payable on May 20, 2022. Stockholders who are on record as of May 13, 2022 will receive this dividend. Warrior Met Coal is a leading supplier of non-thermal metallurgical coal, primarily used in the steel production industry across Europe, South America, and Asia. The company operates efficient longwall mining operations in Alabama, producing high-quality, low-sulfur hard coking coal, essential for steel manufacturers.

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• Declared a special cash dividend of $0.50 per share.
• Strengthening investor returns with dividend distribution.

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• 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 special cash dividend of $0.50 per share to be paid on May 20, 2022, to stockholders of record as of the close of business on May 13, 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/20220503005137/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 (HCC)?

Warrior Met Coal has declared a special cash dividend of $0.50 per share.

When will the special dividend for HCC shareholders be paid?

The special dividend will be paid on May 20, 2022.

What is the record date for the dividend payment from HCC?

The record date for the dividend payment is May 13, 2022.

How does Warrior Met Coal ensure the quality of its metallurgical coal?

Warrior Met Coal produces low-sulfur, high-quality hard coking coal from its operations in Alabama.

In which regions does Warrior Met Coal supply its products?

Warrior Met Coal supplies its products to the steel production industry in Europe, South America, and Asia.