SunCoke Energy, Inc. Increases Quarterly Cash Dividend, Payable on September 1, 2023
August 01, 2023 at 07:30 am EDT
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SunCoke Energy, Inc. announced that its Board of Directors approved an increased cash dividend of $0.10 per share of the company's common stock, representing a 25% increase over the regular quarterly cash dividend of $0.08 per share. The announced dividend is payable on September 1, 2023 to stockholders of record at the close of business on August 17, 2023.
SunCoke Energy, Inc. is an independent producer of coke. The Companyâs segments include Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of coke making facilities and heat recovery operations at its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants. The Brazil segment consists of coke making operations located in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke making facility for a Brazilian subsidiary of ArcelorMittal S.A. The Logistics segment consists of Convent Marine Terminal (CMT), Kanawha River Terminal (KRT) and SunCoke Lake Terminal (Lake Terminal). Its terminals act as intermediaries between its customers and end users by providing transloading and mixing services. CMT is located in Convent, Louisiana, with access to seaborne markets for coal and other industrial materials. The terminal provides loading and unloading services and has direct rail access.
SUNCOKE ENERGY, INC. 
