Delek US Holdings Declares Exciting Quarterly Dividend Payment
Exciting Dividend Announcement from Delek US Holdings
Delek US Holdings, Inc. has made headlines with its recent announcement regarding a quarterly dividend of $0.255 per share. This dividend demonstrates the company's ongoing commitment to delivering value to its shareholders.
Details of the Dividend Payment
The Company's Board of Directors confirmed that the dividend will be paid to shareholders on record by November 12, 2024, and the actual payment date is set for November 18, 2024. This strategic decision reflects Delek US's solid financial position and operational performance.
Profile of Delek US Holdings, Inc.
Overview of Operations
Delek US Holdings is prominent in the energy sector as a diversified downstream energy company. The company’s assets span several key areas including petroleum refining, logistics, pipelines, and renewable fuels. Notably, its refining assets include strategically located refineries in Texas, Arkansas, and Louisiana. Collectively, these facilities have a significant crude throughput capacity of 302,000 barrels per day.
Logistics and Infrastructure Strength
Adding to its robust portfolio, Delek US is associated with Delek Logistics Partners, LP (NYSE: DKL), a master limited partnership that focuses on managing midstream energy infrastructure assets. This partnership allows Delek to enhance its logistics capabilities and operational efficiency. As of the latest reports, Delek Holdings owns approximately 66.3% of Delek Logistics Partners, affirming its commitment to growth and stability in the energy sector.
Engagement with Shareholders
Delek US Holdings maintains a proactive dialogue with its investors and stakeholders. The company’s official website serves as a comprehensive resource for shareholders, offering insights into its operations, financial performance, and other crucial information. Interested parties can review information via designated sections on their investor relations site and other news outlets maintained by the company.
Future Outlook and Commitment
While specific projections remain cautious, Delek US Holdings continues to emphasize its operational strengths and strategic initiatives aimed at fostering growth through market fluctuations. This dedication is mirrored in their careful dividend strategy, allowing shareholders to benefit even amidst industry changes.
Frequently Asked Questions
What is the amount of the quarterly dividend declared by Delek US Holdings?
The quarterly dividend declared by Delek US Holdings is $0.255 per share.
When will the dividends be paid to shareholders?
The dividends will be paid on November 18, 2024, to shareholders on record as of November 12, 2024.
What sectors does Delek US Holdings operate in?
Delek US Holdings operates in petroleum refining, logistics, pipelines, and renewable fuels, showcasing its diversified energy portfolio.
What is the significance of Delek Logistics Partners, LP?
Delek Logistics Partners, LP is a master limited partnership focused on midstream energy infrastructure, crucial for Delek's logistics operations.
How can shareholders access information about the company?
Shareholders can visit Delek US Holdings' official website and investor relations page for the latest updates and information about the company.
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