SunCoke Energy, Inc. (SXC) to Issue Quarterly Dividend of $0.12 on June 2nd

SunCoke Energy, Inc. (NYSE:SXC) announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Friday, May 15th will be given a dividend of 0.12 per share by the energy company on Tuesday, June 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, May 15th.

SunCoke Energy has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. SunCoke Energy has a payout ratio of 70.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect SunCoke Energy to earn ($0.19) per share next year, which means the company may not be able to cover its $0.48 annual dividend with an expected future payout ratio of -252.6%.

SunCoke Energy Trading Up 1.0%

NYSE SXC opened at $7.55 on Wednesday. SunCoke Energy has a 1 year low of $5.51 and a 1 year high of $9.07. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.23 and a quick ratio of 1.31. The company has a market capitalization of $640.19 million, a PE ratio of -9.80 and a beta of 0.86. The company has a fifty day moving average of $6.45 and a 200 day moving average of $6.99.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings data on Thursday, April 30th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.13). The company had revenue of $455.10 million during the quarter, compared to analyst estimates of $416.15 million. SunCoke Energy had a negative net margin of 3.55% and a positive return on equity of 4.47%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the firm earned $0.20 EPS. Research analysts forecast that SunCoke Energy will post 0.2 earnings per share for the current year.

SunCoke Energy Company Profile

SunCoke Energy, Inc is a leading independent producer of metallurgical coke and related products for the steel and foundry industries. The company specializes in manufacturing both blast furnace coke and foundry coke, offering high‐quality, low‐sulfur coal products that serve as essential inputs in steelmaking and metal casting processes. In addition to coke production, SunCoke provides comprehensive engineering, maintenance and environmental solutions tailored to the needs of integrated steel mills and foundries.

The company operates a network of coke production facilities across the United States, including plants in Indiana, Ohio, West Virginia and Louisiana.