Delek US Holdings Increases Regular Quarterly Dividend
Delek US Holdings, Inc. announced an increase in the regular quarterly dividend to $0.25 per share. The dividend will be paid on May 24, 2024, to shareholders of record on May 17, 2024. Delek US is a diversified downstream energy company with refining, logistics, pipelines, renewable fuels, and convenience store retailing assets.
Approval of an increase in the regular quarterly dividend reflects financial stability and confidence in the company's performance.
Ownership interest in the long-haul crude oil pipeline diversifies the company's revenue streams and enhances its position in the energy sector.
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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
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
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/20240502670423/en/
Investor Relations and Media/Public Affairs Contact:
Rosy Zuklic, Vice President of Investor Relations and Market Intelligence
investor.relations@delekus.com; rosy.zuklic@delekus.com
615-767-4344
Source: Delek US Holdings, Inc.
FAQ
When will the increased dividend be paid?
The increased dividend of $0.25 per share will be paid on May 24, 2024.
What is the record date for shareholders to receive the increased dividend?
Shareholders of record on May 17, 2024, will receive the increased dividend.
What are the main assets of Delek US Holdings, Inc.?
Delek US has assets in petroleum refining, logistics, pipelines, renewable fuels, and convenience store retailing.
What is the crude throughput capacity of Delek US's refineries?
Delek US's refineries have a combined nameplate crude throughput capacity of 302,000 barrels per day.
