SunCoke Energy, Inc. Declares Cash Dividend

SunCoke Energy, Inc. (NYSE: SXC) declared a cash dividend of $0.06 per share, payable on September 1, 2021, to stockholders of record by the close of business on August 18, 2021.

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

SunCoke Energy, Inc. (NYSE: SXC) declared a cash dividend of $0.06 per share, payable on September 1, 2021, to stockholders of record by the close of business on August 18, 2021. This announcement highlights the company's commitment to returning value to shareholders. SunCoke operates in the cokemaking industry, serving the integrated steel market with long-term contracts while utilizing innovative heat-recovery technology at its facilities across several states and Brazil.

Positive

Declared a cash dividend of $0.06 per share, indicating financial health and commitment to shareholders.

Negative

None.

Argus Session date unavailable

-0.59% session move Open Argus

Details

News Market Reaction – SXC

The recorded move for SXC in the trading session of this news was -0.59%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

07/26/2021 - 06:15 PM EDT

LISLE, Ill., July 26, 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 September 1, 2021 to stockholders of record at the close of business on August 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/suncoke-energy-inc-declares-cash-dividend-301341526.html

SOURCE SunCoke Energy, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by SXC?

The dividend amount declared by SunCoke Energy, Inc. (SXC) is $0.06 per share.

When will the dividend be paid to SXC shareholders?

The dividend will be paid on September 1, 2021.

What is the record date for the dividend payment for SXC?

The record date for the dividend payment is August 18, 2021.

How often does SunCoke Energy, Inc. pay dividends?

The frequency of dividends paid by SunCoke Energy, Inc. can vary; check the company's announcements for updates.

Is the dividend from SXC sustainable?

The sustainability of the dividend will depend on the company's future financial performance and market conditions.

SunCoke Energy, Inc. Declares Cash Dividend