SunCoke Energy, Inc. Declares Cash Dividend

SunCoke Energy, Inc. (NYSE: SXC) has declared a cash dividend of $0.06 per share, scheduled for payment on March 1, 2021.

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Rhea-AI Sentiment

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Rhea-AI Summary

SunCoke Energy, Inc. (NYSE: SXC) has declared a cash dividend of $0.06 per share, scheduled for payment on March 1, 2021. Stockholders of record by the close of business on February 19, 2021 will be eligible to receive this dividend. The company specializes in providing high-quality coke for the steel production industry, supported by long-term contracts. SunCoke operates multiple cokemaking facilities across the U.S. and Brazil, utilizing innovative heat-recovery technology.

Positive

Declared a cash dividend of $0.06 per share, enhancing shareholder income.

Negative

None.

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News Market Reaction – SXC

The recorded move for SXC in the trading session of this news was +1.08%.

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02/04/2021 - 06:25 AM EST

LISLE, Ill., Feb. 4, 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 March 1, 2021 to stockholders of record at the close of business on February 19, 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:http://www.prnewswire.com/news-releases/suncoke-energy-inc-declares-cash-dividend-301221783.html

SOURCE SunCoke Energy, Inc.

FAQ

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

What is the cash dividend amount declared by SXC in February 2021?

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

When will the cash dividend for SXC be paid?

The cash dividend will be paid on March 1, 2021.

What is the record date for the SXC dividend?

The record date for the dividend is February 19, 2021.

How does the dividend declaration impact SXC shareholders?

The dividend declaration provides direct income to SXC shareholders.

SunCoke Energy, Inc. Declares Cash Dividend