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

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

SunCoke Energy has increased its dividend payment by an average of 0.5%per year over the last three years and has increased its dividend every year for the last 4 years. SunCoke Energy has a dividend payout ratio of 70.6% indicating that its dividend is sufficiently covered by earnings. Equities 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 Down 1.7%

SXC stock opened at $8.02 on Friday. The stock has a market capitalization of $678.63 million, a PE ratio of 10.55 and a beta of 0.98. SunCoke Energy has a 52 week low of $6.24 and a 52 week high of $10.08. The company has a quick ratio of 1.17, a current ratio of 2.12 and a debt-to-equity ratio of 0.96. The firm has a 50 day moving average of $7.67 and a 200 day moving average of $7.60.

About SunCoke Energy

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.