SUNCOKE ENERGY, INC. DECLARES CASH DIVIDEND

Rhea-AI Summary

SunCoke Energy, Inc. (NYSE: SXC) declared a cash dividend of $0.08 per share, scheduled for payment on March 1, 2023. This dividend will benefit stockholders on record as of the close of business on February 16, 2023. SunCoke specializes in providing high-quality coke for steel production and operates facilities across the U.S. and Brazil. The company utilizes advanced heat-recovery technology and has over 60 years of experience in cokemaking. It also offers logistics services, capable of handling over 40 million tons of material annually, serving both domestic and international markets.

Positive

• Declared a cash dividend of $0.08 per share, enhancing shareholder income.
• Strong operational footprint with over 60 years of experience in cokemaking.

Negative

• None.

LISLE, Ill., Feb. 2, 2023 /PRNewswire/ -- Today, SunCoke Energy, Inc. (NYSE: SXC) announced that its Board of Directors declared a cash dividend of $0.08 per share of the Company's common stock to be paid on March 1, 2023 to stockholders of record at the close of business on February 16, 2023. 

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.

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SOURCE SunCoke Energy, Inc.

FAQ

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

SunCoke Energy declared a cash dividend of $0.08 per share.

When will SunCoke Energy's dividend be paid?

The dividend will be paid on March 1, 2023.

What is the record date for the dividend payment from SunCoke Energy?

The record date for the dividend payment is February 16, 2023.

How does SunCoke Energy generate its revenue?

SunCoke Energy generates revenue primarily through the sale of high-quality coke under long-term contracts.

What markets does SunCoke Energy serve?

SunCoke Energy serves domestic and international customers in the steel production industry.