SunCoke Energy, Inc. (NYSE:SXC) Announces $0.12 Quarterly Dividend

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

SunCoke Energy has increased its dividend by an average of 22.4% annually over the last three years. SunCoke Energy has a payout ratio of 65.8% indicating that 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 Price Performance

SunCoke Energy stock traded down $0.26 during trading hours on Friday, reaching $9.39. 1,038,926 shares of the stock were exchanged, compared to its average volume of 877,631. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. SunCoke Energy has a twelve month low of $7.47 and a twelve month high of $12.82. The company has a market cap of $789.18 million, a P/E ratio of 9.39 and a beta of 1.08. The stock has a 50 day moving average of $11.01 and a two-hundred day moving average of $10.03.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. Equities analysts expect that SunCoke Energy will post 1.14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on SXC shares. Benchmark reiterated a "buy" rating and set a $13.00 price objective on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded SunCoke Energy from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th.

SunCoke Energy Company Profile

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.