Suncoke Energy, Inc. Declares Cash Dividend

SunCoke Energy, Inc. (NYSE: SXC) declared a cash dividend of $0.06 per share, payable on September 1, 2020, to stockholders of record as of the close of business on August 18, 2020.

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, 2020, to stockholders of record as of the close of business on August 18, 2020. This announcement reflects the company’s commitment to returning value to its shareholders while it continues to operate its cokemaking facilities across multiple states and Brazil. SunCoke Energy specializes in supplying high-quality coke for steel production under long-term contracts, leveraging innovative heat-recovery technology.

Positive

Declared a cash dividend of $0.06 per share.
Dividend payment reflects commitment to shareholders.

Negative

None.

Argus Session date unavailable

+5.02% session move Open Argus

Details

News Market Reaction – SXC

The recorded move for SXC in the trading session of this news was +5.02%.

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

08/03/2020 - 06:43 AM EDT

LISLE, Ill., August 3, 2020 /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, 2020 to stockholders of record at the close of business on August 18, 2020.

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 55 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-301104082.html

SOURCE SunCoke Energy, Inc.

FAQ

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

When is the dividend payment date for SXC?

The dividend payment date for SunCoke Energy is September 1, 2020.

What is the amount of the dividend declared by SXC?

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

Who is eligible for the SXC dividend?

Stockholders of record as of August 18, 2020, are eligible for the dividend.

How often does SXC pay dividends?

The press release does not specify the frequency of dividends, but this declaration indicates at least a quarterly payment.

Suncoke Energy, Inc. Declares Cash Dividend