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2 clusters · 3 sources · 4 days · First seen · Last updated

Categories: BUSINESS

Delek US Holdings dividend and stake shift

Entities: Kinder Morgan, Inc. · Rangeley Capital LLC · Delek US Holdings, Inc.

Overview

On 23 July 2026 Delek US Holdings announced a quarterly dividend of $0.255 per share, an annualized payout of $1.02 and a yield of about 1.6 %. The company noted the dividend is being funded from the balance sheet rather than earnings and cited recent quarterly revenue of $2.65 billion.

Four days later, on 27 July 2026, Rangeley Capital disclosed that it had sold 42,000 Delek US shares, reducing its holding to roughly 60,000 shares (about 0.10 % of the company). The filing highlighted the modest size of the position and occurred alongside a report on Kinder Morgan’s strong second‑quarter results, underscoring broader activity in the U.S. energy sector.

Together, the two updates trace a brief period in which Delek US communicated dividend policy while an institutional investor trimmed its stake, reflecting both shareholder‑return initiatives and portfolio rebalancing within the energy market.

Timeline

  1. about 8 hours ago

    [BUSINESS] 2 sources
    US Energy Stocks Delek US Stake Cuts and Kinder Morgan Earnings Boost

    Rangeley Capital cut its Delek US stake to 60,000 shares, while Kinder Morgan posted a strong Q2, raising full‑year guidance and earning a buy rating.

  2. 4 days ago

    [BUSINESS] 2 sources
    Delek US Holdings declares $0.255 per share quarterly dividend

    Delek US Holdings announced a $0.255 per share quarterly dividend, payable Aug 10 2026, yielding about 1.6%; the payout relies on the balance sheet amid a negative dividend ratio.

Sources

offshoresource.com · seekingalpha.com · stocknews.com