Delek US Holdings, Inc. (NYSE: DK), a diversified energy company with assets in the petroleum refining, logistics and retail industries, today announced that its Board of Directors declared a special cash dividend of $0.10 per share. Shareholders of record at the close of business on October 8, 2013 will receive the special cash dividend payable on October 29, 2013.
“Our Board remains committed to returning value to our shareholders and we are pleased to announce our third special dividend this year,” remarked Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US Holdings. “We have benefitted from strategic decisions that enhanced our financial flexibility, and allowed us to both invest in our business and return value to shareholders. So far in 2013, we have increased the regular dividend, paid special dividends and repurchased shares. Going forward, we remain focused on business performance and evaluating opportunities for future growth, while continuing our commitment to return value to our shareholders.”
About Delek US Holdings
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics and convenience store retailing. The refining segment consists of refineries operated in Tyler, Texas and El Dorado, Arkansas with a combined nameplate production capacity of 140,000 barrels per day. Delek US Holdings, Inc. and its affiliates also own approximately 62 percent (including the 2 percent general partner interest) of Delek Logistics Partners, LP. Delek Logistics Partners, LP (NYSE: DKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. The retail segment markets motor fuel and convenience merchandise through a network of approximately 370 company-operated convenience store locations operated under the MAPCO Express®, MAPCO Mart®, East Coast®, Fast Food and Fuel™, Favorite Markets®, Delta Express® and Discount Food Mart™ brand names.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 current estimates, expectations and projections about future results, performance, prospects and opportunities and other statements, concerns, or matters that are not historical facts are “forward-looking statements,” as that term is defined under the federal securities laws.
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