Delek US Holdings declares $0.255 per share quarterly dividend

Delek US Holdings, Inc. announced that its Board of Directors approved a quarterly dividend of $0.255 per share. The dividend will be paid on August 10, 2026 to shareholders of record on August 3, 2026, representing an annualized payout of $1.02 per share and a yield of about 1.6%.

The company, a diversified downstream energy firm with refining, logistics and pipeline assets across Texas, Arkansas and Louisiana, noted that its dividend payout ratio is currently negative, indicating the payment is being funded from the balance sheet rather than earnings. Analysts project earnings of $2.59 per share next year, which should improve coverage of the dividend.

Delek’s stock trades on the New York Stock Exchange under the ticker DK and the announcement follows recent earnings that beat expectations, with revenue of $2.65 billion for the quarter.