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SUNCOKE ENERGY, INC. DECLARES CASH DIVIDEND

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On May 2, 2022, SunCoke Energy, Inc. (NYSE: SXC) announced a cash dividend of $0.06 per share for its common stock. This dividend is set to be paid on June 1, 2022, to stockholders of record as of the close of business on May 18, 2022. SunCoke supplies high-quality coke utilized in steel and iron production, with operations in several U.S. states and Brazil, leveraging over 60 years of experience. The company also manages logistics for material handling, capable of processing more than 40 million tons annually.

Positive
  • Declaration of cash dividend of $0.06 per share, enhancing shareholder income.
  • Solid operational foundation with long-term contracts for coke supply.
  • Experience of over 60 years in cokemaking indicates stable business management.
Negative
  • None.

LISLE, Ill., May 2, 2022 /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, 2022 to stockholders of record at the close of business on May 18, 2022. 

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/suncoke-energy-inc-declares-cash-dividend-301535912.html

SOURCE SunCoke Energy, Inc.

FAQ

What is the dividend amount declared by SunCoke Energy?

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

When will the dividend be paid to shareholders?

The dividend will be paid on June 1, 2022.

What is the record date for the upcoming dividend payment?

The record date for the dividend payment is May 18, 2022.

What services does SunCoke Energy provide?

SunCoke Energy supplies high-quality coke for steel and iron production and offers logistics for material handling.

SUNCOKE ENERGY INC

NYSE:SXC

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1.04B
84.08M
0.98%
86.18%
3.2%
Coking Coal
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
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United States of America
LISLE