Suncoke Energy Partners (SXCP) Declares $0.5940 Quarterly Dividend; 24.4% Yield
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SunCoke Energy Partners, L.P. Declares Distribution of $0.5940 Per Unit; Receives Sponsor Support for Second Quarter
April 18, 2016 4:43 PM EDTLISLE, Ill.--(BUSINESS WIRE)-- Today, the SunCoke Energy Partners, L.P. (NYSE: SXCP) Board of Directors declared a first quarter 2016 cash distribution of $0.5940 per limited partnership unit, or $2.38 annualized. The first quarter 2016 distribution will be payable on June 1, 2016, to unitholders of record on May 16, 2016.
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... More
