Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 3.5% to $0.59; 9.7% Yield
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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.59 per Limited Partner Unit
January 25, 2016 4:20 PM ESTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the fourth quarter 2015 of $0.59 per limited partner unit, or $2.36 per limited partner unit on an annualized basis. This distribution represents a 3.5 percent increase from the distribution for the third quarter 2015 of $0.57 per limited partner unit ($2.28 per limited partner unit annualized) and a 15.7 percent increase over Delek Logistics distribution for the fourth quarter 2014 of $0.51 per limited partner unit ($2.04 per limited partner unit annualized). The fourth quarter 2015 cash distribution is payable on February 12, 2016 to unitholders of record on February 5,... More
