Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 3.4% to $0.61; 7.5% Yield

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Go back to Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 3.4% to $0.61; 7.5% Yield

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.61 per Limited Partner Unit

April 22, 2016 4:30 PM EDT

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the first quarter 2016 of $0.61 per limited partner unit, or $2.44 per limited partner unit on an annualized basis. This distribution represents a 3.4 percent increase from the distribution for the fourth quarter 2015 of $0.59 per limited partner unit ($2.36 per limited partner unit annualized) and a 15.1 percent increase over Delek Logistics distribution for the first quarter 2015 of $0.53 per limited partner unit ($2.12 per limited partner unit annualized). The first quarter 2016 cash distribution is payable on May 13, 2016 to unitholders of record on May 5,... More