On August 4, 2023, the Delek US Holdings Board Raised Quarterly Dividend To $0.235/Share Vs $0.23/share in Prior Quarter
Portfolio Pulse from Benzinga Newsdesk
The board of Delek US Holdings has decided to increase the quarterly dividend from $0.23/share to $0.235/share, effective from August 4, 2023.
August 07, 2023 | 11:06 am
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POSITIVE IMPACT
Delek US Holdings has increased its quarterly dividend, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock in the short term.
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