Warrior Met Coal Declares Regular Quarterly Cash Dividend
BROOKWOOD, Ala.–(BUSINESS WIRE)–Warrior Met Coal (NYSE: HCC) today announced that its Board of Directors
has declared a regular quarterly cash dividend of $0.05 per share to be
paid on March 2, 2018, to stockholders of record as of the close of
business on February 23, 2018.
Warrior Met Coal is a large-scale, low-cost U.S. based producer and
exporter of premium hard coking coal (“HCC”) operating highly efficient
longwall operations in its underground mines located in Alabama. The HCC
that Warrior produces from the Blue Creek coal seam contains very low
sulfur and has strong coking properties, and is of a similar quality to
coal referred to as the premium HCC produced in Australia. The premium
nature of Warrior’s HCC makes it ideally suited as a base feed coal for
steel makers and results in price realizations near the quarterly
Australian Premium Low-Volatility HCC index average price. Warrior sells
all of its met coal production to steel producers in Europe, South
America and Asia. For more information about Warrior Met Coal, please
visit www.warriormetcoal.com.
Contacts
Warrior Met Coal
Analysts and Investors:
Dale W. Boyles,
205-554-6129
or
News Media:
William Stanhouse,
205-554-6131