Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 0.6% to $0.885; 11.1% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.885 per Common Limited Partner Unit

January 24, 2020 4:15 PM EST

BRENTWOOD, Tenn., Jan. 24, 2020 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the fourth quarter 2019 of $0.885 per common limited partner unit, or $3.54 per common limited partner unit on an annualized basis. This distribution represents an approximate 1.0 percent increase from the distribution for the third quarter 2019 of $0.88 per common limited partner unit ($3.52 per common limited partner unit annualized) and an approximate 9.0 percent increase over Delek Logistics distribution for the fourth quarter 2018 of $0.81 per common limited partner unit ($3.24 per common limited partner unit annualized). The fourth quarter 2019... More