SunCoke Energy Partners LP (NYSE:SXCP) declared a quarterly dividend on Wednesday, January 24th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be given a dividend of 0.594 per share by the energy company on Thursday, March 1st. This represents a $2.38 dividend on an annualized basis and a yield of 12.71%. The ex-dividend date is Wednesday, February 14th.

SunCoke Energy Partners has decreased its dividend payment by an average of 4.1% per year over the last three years and has raised its dividend every year for the last 2 years.

SunCoke Energy Partners (NYSE SXCP) opened at $18.70 on Tuesday. SunCoke Energy Partners has a 52 week low of $13.50 and a 52 week high of $21.95. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.67 and a current ratio of 1.38. The firm has a market capitalization of $850.54, a P/E ratio of 83.64 and a beta of 1.38.

SunCoke Energy Partners (NYSE:SXCP) last posted its quarterly earnings results on Wednesday, January 31st. The energy company reported ($0.81) earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($1.48). SunCoke Energy Partners had a positive return on equity of 14.57% and a negative net margin of 2.28%. The firm had revenue of $235.40 million for the quarter, compared to analyst estimates of $251.15 million. analysts anticipate that SunCoke Energy Partners will post 1.6 earnings per share for the current year.

In other news, major shareholder Sun Coal & Coke Llc purchased 19,524 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The shares were acquired at an average cost of $17.67 per share, with a total value of $344,989.08. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have purchased 703,047 shares of company stock worth $12,124,604.

SXCP has been the topic of a number of research reports. Zacks Investment Research raised SunCoke Energy Partners from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Wednesday, November 8th. ValuEngine raised SunCoke Energy Partners from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, B. Riley reaffirmed a “buy” rating on shares of SunCoke Energy Partners in a research note on Wednesday, November 1st.

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About SunCoke Energy Partners

SunCoke Energy Partners, L.P. is engaged in the production of coke used in the blast furnace production of steel. As of December 31, 2016, the Company owned a 98% interest in Haverhill Coke Company LLC (Haverhill), Middletown Coke Company, LLC (Middletown), and Gateway Energy and Coke Company, LLC (Granite City).

Dividend History for SunCoke Energy Partners (NYSE:SXCP)

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