SunCoke Energy, Inc. Declares Cash Dividend
SunCoke Energy, Inc. (NYSE: SXC) has declared a cash dividend of $0.06 per share, payable on June 1, 2021, to shareholders on record as of May 19, 2021.
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.
Rhea-AI Summary
SunCoke Energy, Inc. (NYSE: SXC) has declared a cash dividend of $0.06 per share, payable on June 1, 2021, to shareholders on record as of May 19, 2021. The company specializes in high-quality coke production and operates facilities across the U.S. and Brazil, serving the integrated steel industry. SunCoke also utilizes innovative heat-recovery technology for efficient energy generation. This dividend declaration underscores the company's commitment to returning value to its shareholders while maintaining its operational standards.
Positive
- Declared a cash dividend of $0.06 per share to enhance shareholder value.
- Demonstrated confidence in financial performance through dividend payment.
Negative
- None.
Details
News Market Reaction – SXC
The recorded move for SXC in the trading session of this news was +7.22%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LISLE, Ill., April 28, 2021 /PRNewswire/ -- Today, SunCoke Energy, Inc. (NYSE: SXC) announced that its Board of Directors declared a cash dividend of
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.
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SOURCE SunCoke Energy, Inc.
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