Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 3.3% to $0.63; 9.8% Yield
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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.63 per Limited Partner Unit
July 25, 2016 5:00 PM EDTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the second quarter 2016 of $0.63 per limited partner unit, or $2.52 per limited partner unit on an annualized basis. This distribution represents a 3.3 percent increase from the distribution for the first quarter 2016 of $0.61 per limited partner unit ($2.44 per limited partner unit annualized) and a 14.5 percent increase over Delek Logistics distribution for the second quarter 2015 of $0.55 per limited partner unit ($2.20 per limited partner unit annualized). The second quarter 2016 cash distribution is payable on August 12, 2016 to unitholders of record on August 5,... More
