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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Delek US Holdings (NYSE: DK) is tomorrow, May 23, 2013. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $36.40 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Delek US has been 936,600 shares per day over the past 30 days. Delek US has a market cap of $2.28 billion and is part of the basic materials sector and energy industry. Shares are up 43.8% year to date as of the close of trading on Tuesday.

Delek US Holdings, Inc. operates as an integrated downstream energy company that operates in petroleum refining, logistics, and convenience store retailing businesses. The company operates in three segments: Refining, Logistics, and Retail. The company has a P/E ratio of 7.5, below the S&P 500 P/E ratio of 17.7.

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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 revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Delek US Ratings Report.

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