DK Approves Quarterly Dividend of $0.255 Per Share Starting May 8
8-K filed on April 21, 2026
π What This Document Is π
This document is a Form 8-K, which is a type of "Current Report" filed with the Securities and Exchange Commission (SEC). Think of an 8-K as an urgent press release or a red flag that signals a material, unplanned event has occurred or has been approved by the company's leadership.
The filing was submitted on April 20, 2026, and it notifies the public immediately about the company's Board of Directors making a key financial decision. π Because this report is sudden, it is critical for investors to read it to understand what the company is doing right now.
π’ About Delek US Holdings, Inc. ποΈ
Delek US Holdings, Inc. (DK) is the company that issued this report. While the filing doesn't detail its full business model, it identifies the company's corporate location and basic financial structure.
The company is legally located in Delaware and maintains its principal executive address at 310 Seven Springs Way, Suite 500, Brentwood, Tennessee 37027. π As a publicly traded entity on the New York Stock Exchange (NYSE) with a common stock par value of $0.01, it operates within the public investment market.
π° The Dividend Announcement π
The single, most important piece of news in this filing is that the Board of Directors has approved a quarterly dividend payment. This means the company is planning to distribute a portion of its earnings directly back to its shareholders.
The Board of Directors approved a quarterly dividend of $0.255 per share. This approval signals that management believes the company is in a stable financial position and is profitable enough to share excess capital with its investors. π Paying a dividend is a sign of maturity and financial stability, making it an important positive signal for current shareholders.
ποΈ Critical Dates and Timeline π
A dividend is not a one-day event; it follows a strict timeline involving several key dates. The filing provides all the necessary mechanics for investors to understand when they need to act to receive the payment.
- Announcement Date: The dividend was announced on April 20, 2026.
- Record Date: Shareholders must own the stock (be "on record") by May 1, 2026, to receive the payment. This is the cutoff date for the company's records.
- Payment Date: The funds will be paid out to shareholders on May 8, 2026. π The timeline is structured so that shareholders have time between the record date and the payment date to sell their shares if they no longer wish to hold them.
π₯ Company Leadership and Contact Information π§βπΌ
The filing is officially signed off by key executives, confirming the accuracy and authority of the information being reported. The sign-off confirms that the company's internal finance leadership has reviewed and attested to this financial event.
The report was signed by Mark Hobbs, who holds the title of Executive Vice President and Chief Financial Officer (CFO) and is listed as the Principal Financial Officer. For general contact purposes, the main telephone number provided is (615) 771-6701.
π§ Key Contacts for Follow-Up π
For anyone needing to follow up on the information or the company's status, the filing provided the following contact details:
- Principal Executive Address: 310 Seven Springs Way, Suite 500, Brentwood, Tennessee 37027
- Phone Number: (615) 771-6701
π§ The Analogy β π‘
Think of a dividend payment like a homeownerβs association (HOA) budget. If the HOA charges dues every month (the dividend), it means the homeowners' association has enough money coming in (profit) to pay everyone their share. Announcing the dividend is the HOA board telling everyone, "We have enough money this quarter, and here is the specific date we are sending out the payment."
π§© Final Takeaway β π‘
Delek US Holdings, Inc. confirmed it plans to distribute cash to shareholders starting May 8, 2026. This action signals financial stability, but investors must ensure their shares are registered by May 1, 2026, to receive the $0.255 dividend per share.