SunCoke Energy, Inc. Declares Cash Dividend

Rhea-AI Summary

SunCoke Energy, Inc. (NYSE: SXC) has declared a cash dividend of $0.06 per share, payable on June 1, 2021, to shareholders on record as of May 19, 2021. The company specializes in high-quality coke production and operates facilities across the U.S. and Brazil, serving the integrated steel industry. SunCoke also utilizes innovative heat-recovery technology for efficient energy generation. This dividend declaration underscores the company's commitment to returning value to its shareholders while maintaining its operational standards.

Positive

• Declared a cash dividend of $0.06 per share to enhance shareholder value.
• Demonstrated confidence in financial performance through dividend payment.

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• None.

LISLE, Ill., April 28, 2021 /PRNewswire/ -- Today, SunCoke Energy, Inc. (NYSE: SXC) announced that its Board of Directors declared a cash dividend of $0.06 per share of the Company's common stock to be paid June 1, 2021 to stockholders of record at the close of business on May 19, 2021. 

ABOUT SUNCOKE ENERGY, INC.
SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke used in the blast furnace production of steel, under long-term, take-or-pay contracts that pass through commodity and certain operating costs to customers. We utilize an innovative heat-recovery technology that captures excess heat for steam or electrical power generation. Our cokemaking facilities are located in Illinois, Indiana, Ohio, Virginia and  Brazil. We have more than 60 years of cokemaking experience serving the integrated steel industry. In addition, we provide export and domestic material handling services to coke, coal, steel, power and other bulk and liquids customers. Our 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.

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SOURCE SunCoke Energy, Inc.

FAQ

What is the declared dividend amount for SunCoke Energy (SXC)?

SunCoke Energy has declared a dividend of $0.06 per share.

When will SunCoke's dividend be paid?

The dividend will be paid on June 1, 2021.

What is the record date for SunCoke Energy's dividend?

The record date for the dividend is May 19, 2021.

How does SunCoke Energy generate its revenue?

SunCoke Energy generates revenue primarily through the production of coke under long-term contracts.