Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 1.5% to $0.69; 8.8% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.69 per Limited Partner Unit

April 24, 2017 6:15 PM EDT

BRENTWOOD, Tenn., April 24, 2017 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the first quarter 2017 of $0.69 per limited partner unit, or $2.76 per limited partner unit on an annualized basis. This distribution represents a 1.5 percent increase from the distribution for the fourth quarter 2016 of $0.68 per limited partner unit ($2.72 per limited partner unit annualized) and a 13.1 percent increase over Delek Logistics distribution for the first quarter 2016 of $0.61 per limited partner unit ($2.44 per limited partner unit annualized). The first quarter 2017 cash distribution is payable on May 12, 2017 to... More