Analyst sees Delek dividend hike

Paul Cheng at Barclays says shares of Delek US Holdings — which early this month published earnings and an outlook that got a lot of people excited — should rise to $30 in the coming quarters. He also sees the Brentwood company's board hiking its dividend to 20 cents per share from 15 cents on top of looking for more one-time payout opportunities. Delek shares (Ticker: DK) are up more than 120 percent so far this year.