Delek Logistics Partners, LP (DKL) Raises Quarterly Distribution 2.6% to $0.79; 10.2% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.79 per Common Limited Partner Unit

October 23, 2018 5:00 PM EDT

BRENTWOOD, Tenn., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the third quarter 2018 of $0.79 per common limited partner unit, or $3.16 per common limited partner unit on an annualized basis. This distribution represents a 2.6 percent increase from the distribution for the second quarter 2018 of $0.77 per common limited partner unit ($3.08 per common limited partner unit annualized) and a 10.5 percent increase over Delek Logistics distribution for the third quarter 2017 of $0.715 per common limited partner unit ($2.86 per common limited partner unit annualized). The third quarter 2018 cash distribution... More