Delek Logistics Partners, LP (DKL) Raises Quarterly Dividend 1.1% to $0.90; 14% Yield

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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.90 per Common Limited Partner Unit

July 27, 2020 8:30 AM EDT

BRENTWOOD, Tenn., July 27, 2020 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (Delek Logistics) today declared its quarterly cash distribution for the second quarter 2020 of $0.90 per common limited partner unit, or $3.60 per common limited partner unit on an annualized basis. This distribution represents a 1.1% increase from the distribution for the first quarter 2020 of $0.89 per common limited partner unit ($3.56 per common limited partner unit annualized) and an 5.9% increase over Delek Logistics distribution for the second quarter 2019 of $0.85 per common limited partner unit ($3.40 per common limited partner unit annualized). The second quarter 2020 cash distribution is... More