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Delek US Holdings suspended their dividends back in late 2020 amidst the downturn from the Covid-19 pandemic.
Thankfully, the tentative signs of a recovery during late 2021 have continued into 2022.
This saw management clearly state that their dividends are to be reinstated imminently.
Whilst it remains to be seen whether they are fully reinstated, the cost does not make it unreasonable to expect.
Since their share price remains noticeably below its level back at the end of 2019, before this severe downturn began, I believe that maintaining my buy rating is appropriate.