SunCoke Energy Announces $0.12 Dividend, Future Payouts Appear Well-Covered

SunCoke Energy (NYSE:SXC) has announced a dividend of $0.12 per share, with a dividend yield of 5.8%. The company's future dividend projections appear well-covered by earnings, with a forecasted EPS fall of 3.1% over the next year. The payout ratio is expected to be 68%, which is considered feasible on an earnings basis. However, the dividend history has been marked by instability, with at least one cut in the last 10 years.