Suncoke Energy Inc is a company that specializes in the production and supply of metallurgical coke, a key ingredient in the steel manufacturing process
It operates multiple facilities that convert coal into high-quality coke through a proprietary carbonization process. In addition to its primary focus on metallurgical coke production, Suncoke is also involved in logistics and transportation services, providing solutions for the efficient handling and movement of coal and coke products. The company plays a critical role in supporting the steel industry, with a commitment to operational excellence and environmental stewardship.
Top Stories for Feb. 23, 2024: 1. BTIG analyst Gregory Lewis downgraded Piedmont Lithium (NASDAQ: PLL) from Buy to Neutral following its fourth-quarter and full-year 2023 financial results.
Companies Reporting Before The Bell • ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter. • Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.
SunCoke Energy has raised its dividend in each of the past two years, including a big 25% raise in August. The current quarterly dividend of $0.10 per share equates to an annual yield of 4.1%.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Gainers Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) shares gained 188.8% to $4.13. The stock is now on the Regulation SHO "threshold security" list.
U.S. stocks traded lower, with the Nasdaq Composite falling around 70 points on Tuesday. Here are some big stocks recording gains in today’s session. American Superconductor Corporation (NASDAQ: AMSC) jumped 49% to $15.03 amid claims of a new superconductor from a group of physicists.
