SUNCOKE ENERGY, INC. DECLARES CASH DIVIDEND

Rhea-AI Summary

SunCoke Energy, Inc. (NYSE: SXC) declared a cash dividend of $0.08 per share, payable on December 1, 2022, to stockholders of record as of November 18, 2022. This announcement reflects the company's ongoing commitment to provide returns to shareholders. SunCoke operates multiple facilities across the U.S. and Brazil, supplying high-quality coke primarily used in steel production. Their innovative heat-recovery technology underpins their operations, ensuring efficiency in production and logistics.

Positive

• Declared cash dividend of $0.08 per share.
• Payment date set for December 1, 2022, enhancing shareholder returns.

Negative

• None.

LISLE, Ill., Oct. 31, 2022 /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 December 1, 2022 to stockholders of record at the close of business on November 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/suncoke-energy-inc-declares-cash-dividend-301662359.html

SOURCE SunCoke Energy, Inc.

FAQ

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

The dividend amount is $0.08 per share.

When is SunCoke Energy's dividend payment date?

The dividend payment date is December 1, 2022.

Who will receive the dividend from SunCoke Energy?

Stockholders of record as of November 18, 2022, will receive the dividend.

How often does SunCoke Energy pay dividends?

The press release does not specify the frequency of dividend payments.