SunCoke Energy, Inc. Declares Cash Dividend

Rhea-AI Summary

On November 1, 2021, SunCoke Energy (NYSE: SXC) announced a cash dividend of $0.06 per share, scheduled for payment on December 1, 2021. The dividend will be distributed to stockholders of record by the close of business on November 18, 2021. SunCoke specializes in high-quality coke production for the steel industry, utilizing advanced heat-recovery technology across facilities in the U.S. and Brazil, aiming to enhance its operational efficiency and sustainability.

Positive

• Declared a cash dividend of $0.06 per share, providing income for shareholders.
• Utilizes innovative heat-recovery technology for operational efficiency.

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• None.

LISLE, Ill., Nov. 1, 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 December 1, 2021 to stockholders of record at the close of business on November 18, 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 dividend amount for SunCoke Energy (SXC)?

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

When will the dividend be paid to shareholders of SXC?

The dividend will be paid on December 1, 2021.

What is the record date for the SXC dividend?

The record date for the dividend is November 18, 2021.

How does SunCoke Energy generate revenue?

SunCoke generates revenue primarily through high-quality coke production for the steel industry.

What innovative technology does SunCoke Energy use?

SunCoke utilizes heat-recovery technology to enhance operational efficiency.