Delek Logistics Partners, LP (DKL) Declares $0.655 Quarterly Dividend; 10.5% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.655 per Limited Partner Unit

October 25, 2016 5:00 PM EDT

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the third quarter 2016 of $0.655 per limited partner unit, or $2.62 per limited partner unit on an annualized basis. This distribution represents a 4.0 percent increase from the distribution for the second quarter 2016 of $0.63 per limited partner unit ($2.52 per limited partner unit annualized) and a 14.9 percent increase over Delek Logistics distribution for the third quarter 2015 of $0.57 per limited partner unit ($2.28 per limited partner unit annualized). The third quarter 2016 cash distribution is payable on November 14, 2016 to unitholders of record on November 7,... More