Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 3.8% to $0.68; 8.1% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.68 per Limited Partner Unit

January 25, 2017 5:15 PM EST

BRENTWOOD, Tenn., Jan. 25, 2017 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the fourth quarter 2016 of $0.68 per limited partner unit, or $2.72 per limited partner unit on an annualized basis. This distribution represents a 3.8 percent increase from the distribution for the third quarter 2016 of $0.655 per limited partner unit ($2.62 per limited partner unit annualized) and a 15.3 percent increase over Delek Logistics distribution for the fourth quarter 2015 of $0.59 per limited partner unit ($2.36 per limited partner unit annualized). The fourth quarter 2016 cash distribution is payable on February 14, 2017 to... More