SunCoke Energy, Inc. Declares Cash Dividend

Rhea-AI Summary

SunCoke Energy, Inc. (SXC) declared a cash dividend of $0.10 per share of common stock to be paid on June 3, 2024, for stockholders on record as of May 15, 2024.

Positive

• Stable dividend payout for investors.

• Shows confidence in the company's financial health.

Negative

• None.

LISLE, Ill.--(BUSINESS WIRE)-- Today, SunCoke Energy, Inc. (NYSE: SXC) announced that its Board of Directors declared a cash dividend of $0.10 per share of the Company’s common stock to be paid on June 3, 2024 to stockholders of record at the close of business on May 15, 2024.

ABOUT SUNCOKE ENERGY, INC.

SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke to domestic and international customers. Our coke is used in the blast furnace production of steel as well as the foundry production of casted iron, with the majority of sales under long-term, take-or-pay contracts. We also export coke to overseas customers seeking high-quality product for their blast furnaces. Our process utilizes an innovative heat-recovery technology that captures excess heat for steam or electrical power generation and draws upon more than 60 years of cokemaking experience to operate our facilities in Illinois, Indiana, Ohio, Virginia and Brazil. Our logistics business provides export and domestic material handling services to coke, coal, steel, power and other bulk customers. The logistics terminals have the collective capacity to mix and transload more than 40 million tons of material each year and are strategically located to reach Gulf Coast, East Coast, Great Lakes and international ports. To learn more about SunCoke Energy, Inc., visit our website at www.suncoke.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240501864807/en/

Investor/Media Inquiries:

Sharon Doyle

Manager, Investor Relations

(630) 824-1907

Source: SunCoke Energy, Inc.

FAQ

What did SunCoke Energy, Inc. (SXC) announce?

SunCoke Energy, Inc. declared a cash dividend of $0.10 per share of common stock.

When will the dividend be paid?

The dividend will be paid on June 3, 2024.

Who is eligible for the dividend?

Stockholders of record as of May 15, 2024, are eligible for the dividend.