Looking at the universe of stocks we cover at Dividend Channel , on 3/9/18, Delek US Holdings Inc (Symbol: DK) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 3/26/18. As a percentage of DK's recent stock price of $35.63, this dividend works out to approximately 0.56%, so look for shares of Delek US Holdings Inc to trade 0.56% lower - all else being equal - when DK shares open for trading on 3/9/18.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DK is likely to continue, and whether the current estimated yield of 2.25% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DK shares, versus its 200 day moving average:
Looking at the chart above, DK's low point in its 52 week range is $20.65 per share, with $39.43 as the 52 week high point - that compares with a last trade of $35.76.
According to the ETF Finder at ETF Channel, DK makes up 6.33% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading lower by about 0.3% on the day Wednesday.
In Wednesday trading, Delek US Holdings Inc shares are currently up about 1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.