SunCoke Energy, Inc. (SXC) To Go Ex-Dividend on February 14th

SunCoke Energy, Inc. (NYSE:SXC) declared a quarterly dividend on Thursday, January 30th,RTT News reports. Stockholders of record on Monday, February 17th will be given a dividend of 0.12 per share by the energy company on Monday, March 3rd. This represents a $0.48 annualized dividend and a dividend yield of 5.11%. The ex-dividend date of this dividend is Friday, February 14th.

SunCoke Energy has raised its dividend by an average of 22.4% per year over the last three years. SunCoke Energy has a dividend payout ratio of 65.8% meaning its dividend is sufficiently covered by earnings. Analysts expect SunCoke Energy to earn $0.71 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 67.6%.

SunCoke Energy Stock Performance

SXC opened at $9.39 on Friday. SunCoke Energy has a 1-year low of $7.47 and a 1-year high of $12.82. The company has a market capitalization of $789.18 million, a price-to-earnings ratio of 9.39 and a beta of 1.08. The business has a 50 day moving average price of $11.01 and a two-hundred day moving average price of $10.03. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. Research analysts predict that SunCoke Energy will post 1.14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. StockNews.com upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th. Benchmark reissued a “buy” rating and set a $13.00 price objective on shares of SunCoke Energy in a report on Tuesday, November 5th.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.