Delek US Stock To Go Ex-dividend Monday (DK)

NEW YORK ( TheStreet) -- The ex-dividend date for Delek US Holdings (NYSE: DK) is Monday, August 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $13.31 as of 9:47 a.m. ET, the dividend yield is 1.1%.

The average volume for Delek US has been 335,600 shares per day over the past 30 days. Delek US has a market cap of $819.9 million and is part of the basic materials sector and energy industry. Shares are up 84.2% year to date as of the close of trading on Thursday.

Delek US Holdings, Inc. engages in refining, wholesaling, and marketing petroleum products in the United States. The company operates through three segments: Refining, Marketing, and Retail.
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TheStreet Ratings rates Delek US as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Delek US Ratings Report.

See our dividend calendar or top-yielding stocks list.

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