Suncoke Energy (SXC) Doubles Qtr. Dividend to 15c/Share; Yields 5%

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Go back to Suncoke Energy (SXC) Doubles Qtr. Dividend to 15c/Share; Yields 5%

SunCoke Energy, Inc. Increases Cash Dividend 100 Percent

July 16, 2015 4:05 PM EDT

LISLE, Ill.--(BUSINESS WIRE)-- Today, SunCoke Energy, Inc.s (NYSE: SXC) Board of Directors declared a 100 percent increase in the cash dividend, raising the quarterly rate from $0.075 to $0.15 per share of common stock. This dividend will be payable on September 10, 2015, to stockholders of record at the close of business on August 19, 2015. This represents the second significant increase since SXC initiated dividends less than a year ago.

Todays significant dividend increase is underpinned by the strength and stability of our business model, said Fritz Henderson, Chairman and Chief Executive Officer of SunCoke... More