Suncoke Energy Partners (SXCP) Declares $0.5940 Quarterly Dividend; 24.4% Yield

Suncoke Energy Partners (NYSE: SXCP) declared a quarterly dividend of $0.5940 per share, or $2.376 annualized.

The dividend will be payable on June 1, 2016, to stockholders of record on May 16, 2016, with an ex-dividend date of May 12, 2016.

The annual yield on the dividend is 24.4 percent.

Additionally, SunCoke Energy, Inc. (NYSE: SXC) will provide sponsor support to SXCP for the second quarter 2016 in the form of a one-year payment deferral on its incentive distribution right payments (IDRs) and corporate cost allocation reimbursement. The payment deferral is part of SXC’s goal to support SXCP’s de-levering objectives in 2016.

SunCoke will remain flexible and continue to evaluate its sponsor support and partnership distribution priorities on a quarterly basis.

For a dividend history and other dividend-related data on Suncoke Energy Partners (SXCP) click here.

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