Delek US Holdings Increases Regular Quarterly Dividend
July 31 2024 - 6:59PM
Business Wire
Delek US Holdings, Inc. (the “Company” or “Delek US”) announced
that its Board of Directors has approved a $0.005 per share
increase in the regular quarterly dividend to $0.255 per share, to
be paid on August 19, 2024, to shareholders of record on August 12,
2024.
About Delek US Holdings,
Inc.
Delek US Holdings, Inc. is a diversified downstream energy
company with assets in petroleum refining, logistics, pipelines,
renewable fuels and convenience store retailing. The refining
assets consist primarily of refineries operated in Tyler and Big
Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana
with a combined nameplate crude throughput capacity of 302,000
barrels per day. Pipeline assets include an ownership interest in
the 650-mile Wink to Webster long-haul crude oil pipeline. The
convenience store retail segment operates approximately 250
convenience stores in West Texas and New Mexico.
The logistics operations include Delek Logistics Partners, LP
(NYSE: DKL). Delek Logistics Partners, LP is a growth-oriented
master limited partnership focused on owning and operating
midstream energy infrastructure assets. Delek US Holdings, Inc. and
its subsidiaries owned approximately 72.6% (including the general
partner interest) of Delek Logistics Partners, LP as of June 30,
2024.
Safe Harbor Provisions Regarding Forward-Looking
Statements
This press release contains forward-looking statements that are
based upon current expectations and involve a number of risks and
uncertainties. Statements concerning estimates, expectations or
projections about future dividends, results, performance,
prospects, opportunities, plans, actions and events and other
statements, concerns, or matters that are not historical facts are
"forward-looking statements," within the meaning of federal
securities laws. Forward-looking statements should not be read as a
guarantee of future performance or results and may not be accurate
indications of the times at, or by, which such performance or
results will be achieved. Forward-looking statements are based on
information available at the time and/or management's good faith
belief with respect to future events, and investors are cautioned
that risks described in the Company's filings with the United
States Securities and Exchange Commission, among others, could
cause actual performance or results to differ materially from those
expressed in the statements. There can be no assurance that actual
results will not differ from those expected by management or
described in forward-looking statements. The Company undertakes no
obligation to update or revise any such forward-looking statements
to reflect events or circumstances that occur or that the Company
becomes aware of after the date hereof, except as required by
applicable law or regulation.
Information about Delek US Holdings, Inc. can be found on its
website (www.delekus.com), investor relations webpage
(ir.delekus.com), news webpage (www.delekus.com/news) and its
Twitter account (@DelekUSHoldings).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240731268072/en/
Investor Relations and Media/Public Affairs Contact:
investor.relations@delekus.com
Delek US (NYSE:DK)
Historical Stock Chart
From Oct 2024 to Nov 2024
Delek US (NYSE:DK)
Historical Stock Chart
From Nov 2023 to Nov 2024