Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 1.4% to $0.725; 8.8% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.725 per Limited Partner Unit

January 23, 2018 4:45 PM EST

BRENTWOOD, Tenn., Jan. 23, 2018 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the fourth quarter 2017 of $0.725 per limited partner unit, or $2.90 per limited partner unit on an annualized basis. This distribution represents a 1.4 percent increase from the distribution for the third quarter 2017 of $0.715 per limited partner unit ($2.86 per limited partner unit annualized) and a 6.6 percent increase over Delek Logistics distribution for the fourth quarter 2016 of $0.68 per limited partner unit ($2.72 per limited partner unit annualized). The fourth quarter 2017 cash distribution is payable on February 12, 2018 to unitholders... More