Delek US Holdings, Inc. (NYSE:DK – Get Free Report) announced a quarterly dividend on Wednesday, February 18th. Shareholders of record on Monday, March 2nd will be paid a dividend of 0.255 per share by the oil and gas company on Monday, March 9th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, March 2nd.
Delek US has decreased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 2 years. Delek US has a payout ratio of -48.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Delek US to earn ($2.92) per share next year, which means the company may not be able to cover its $1.02 annual dividend with an expected future payout ratio of -34.9%.
Delek US Stock Down 1.1%
Delek US stock opened at $34.62 on Thursday. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.58 and a current ratio of 0.86. Delek US has a twelve month low of $11.02 and a twelve month high of $43.50. The firm’s 50 day moving average price is $30.78 and its two-hundred day moving average price is $31.98. The firm has a market cap of $2.08 billion, a PE ratio of -4.24 and a beta of 0.84.
Delek US Company Profile
Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.
In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.
Featured Articles
- Five stocks we like better than Delek US
- Your Bank Account Is No Longer Safe
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
Receive News & Ratings for Delek US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delek US and related companies with MarketBeat.com's FREE daily email newsletter.
