SunCoke Energy, Inc. (SXC) To Go Ex-Dividend on February 17th

SunCoke Energy, Inc. (NYSE:SXC) announced a quarterly dividend on Friday, January 30th. Investors of record on Tuesday, February 17th will be given a dividend of 0.12 per share by the energy company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Tuesday, February 17th.

SunCoke Energy has raised its dividend by an average of 0.5%per year over the last three years and has raised its dividend every year for the last 4 years. SunCoke Energy has a payout ratio of 70.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect SunCoke Energy to earn $0.70 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 68.6%.

SunCoke Energy Stock Performance

Shares of SXC stock opened at $8.02 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.17 and a current ratio of 2.12. The firm has a market capitalization of $678.63 million, a price-to-earnings ratio of 10.55 and a beta of 0.98. SunCoke Energy has a one year low of $6.24 and a one year high of $10.08. The company has a 50 day moving average price of $7.67 and a 200 day moving average price of $7.60.

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.