SunCoke Energy Increases Quarterly Dividend By 25% To 10 Cents Per Share
Portfolio Pulse from Benzinga Newsdesk
SunCoke Energy's Board of Directors has approved a 25% increase in quarterly dividends, from 8 cents to 10 cents per share, effective from the next quarterly payment on September 1st.
August 01, 2023 | 12:04 pm
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SunCoke Energy's dividend increase could attract income-focused investors, potentially leading to a short-term increase in stock price.
Dividend increases are often seen as a sign of a company's strong financial health. This could attract more income-focused investors to SunCoke Energy, potentially leading to a short-term increase in its stock price.
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