Delek Logistics Partners's latest quarterly dividend was on May 7, 2024 (ex-date) with a payout of $1.07 per share. At an annualized rate of $4.21 per share, the stock yields 10.26%. The latest dividend has an increase of $0.02, or 1.4% from the prior distribution.
Delek Logistics Partners's dividend yield of 10.26% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.77%, Delek Logistics Partners's dividend yield is 172% higher. Historically DKL's dividend yield has averaged at 9.9% in the last 5 years, which is similar to the current yield.
Delek Logistics Partners has been paying dividends since 2013. DKL has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.6% since twelve months ago. And with the price of the stock down by 12% from a year ago, the dividend yield has an increase of 18%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 7, 2024 | May 15, 2024 | Apr 25, 2024 | $1.07 | normal |
Feb 2, 2024 | Feb 12, 2024 | Jan 24, 2024 | $1.055 | normal |
Nov 3, 2023 | Nov 13, 2023 | Oct 25, 2023 | $1.045 | normal |
Aug 4, 2023 | Aug 14, 2023 | Jul 26, 2023 | $1.035 | normal |
May 5, 2023 | May 15, 2023 | Apr 28, 2023 | $1.025 | normal |
Feb 1, 2023 | Feb 9, 2023 | Jan 23, 2023 | $1.02 | normal |
Nov 3, 2022 | Nov 10, 2022 | Oct 25, 2022 | $0.99 | normal |
Aug 3, 2022 | Aug 11, 2022 | Jul 25, 2022 | $0.985 | normal |
May 4, 2022 | May 12, 2022 | Apr 25, 2022 | $0.98 | normal |
Jan 31, 2022 | Feb 8, 2022 | Jan 21, 2022 | $0.975 | normal |
Nov 4, 2021 | Nov 10, 2021 | Oct 26, 2021 | $0.95 | normal |
Aug 4, 2021 | Aug 11, 2021 | Jul 26, 2021 | $0.94 | normal |
May 7, 2021 | May 14, 2021 | Apr 30, 2021 | $0.92 | normal |
Feb 1, 2021 | Feb 9, 2021 | Jan 25, 2021 | $0.91 | normal |
Nov 5, 2020 | Nov 12, 2020 | Oct 27, 2020 | $0.905 | normal |
Aug 6, 2020 | Aug 12, 2020 | Jul 27, 2020 | $0.9 | normal |
May 4, 2020 | May 12, 2020 | Apr 21, 2020 | $0.89 | normal |
Feb 3, 2020 | Feb 12, 2020 | Jan 24, 2020 | $0.885 | normal |
Nov 1, 2019 | Nov 12, 2019 | Oct 25, 2019 | $0.88 | normal |
Aug 2, 2019 | Aug 13, 2019 | Jul 24, 2019 | $0.85 | normal |
May 6, 2019 | May 14, 2019 | Apr 26, 2019 | $0.82 | normal |
Feb 1, 2019 | Feb 12, 2019 | Jan 24, 2019 | $0.81 | normal |
Nov 1, 2018 | Nov 9, 2018 | Oct 23, 2018 | $0.79 | normal |
Aug 2, 2018 | Aug 13, 2018 | Jul 24, 2018 | $0.77 | normal |
May 4, 2018 | May 15, 2018 | Apr 26, 2018 | $0.75 | normal |
Feb 1, 2018 | Feb 12, 2018 | Jan 23, 2018 | $0.725 | normal |
Nov 6, 2017 | Nov 14, 2017 | Oct 26, 2017 | $0.715 | normal |
Aug 2, 2017 | Aug 11, 2017 | Jul 24, 2017 | $0.705 | normal |
May 3, 2017 | May 12, 2017 | Apr 24, 2017 | $0.69 | normal |
Feb 3, 2017 | Feb 14, 2017 | Jan 25, 2017 | $0.68 | normal |
Nov 3, 2016 | Nov 14, 2016 | Oct 25, 2016 | $0.655 | normal |
Aug 3, 2016 | Aug 12, 2016 | Jul 25, 2016 | $0.63 | normal |
May 3, 2016 | May 13, 2016 | Apr 22, 2016 | $0.61 | normal |
Delek Logistics Partners's payout ratio of 151.3% is above the Energy sector and the industry average. If we compare it with its Energy sector average of 49.7%, Delek Logistics Partners's payout ratio is 204% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
DKL Delek Logistics Partners LP | 10.2% | $4.21 | 151.3% |
MPLX Mplx Lp | 7.72% | $3.33 | 85.7% |
DK Delek US Holdings Inc | 4.05% | $0.97 | N/A |
ENLC EnLink Midstream LLC | 3.74% | $0.52 | 147.1% |
Yes, Delek Logistics Partners has been paying dividends for the last 11 years.
DKL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2024.
Delek Logistics Partners's last regular dividend was on May 7, 2024 (ex-date) with the amount of $1.07 per share.
DKL has paid dividend of $4.21 per share in the last year.
Delek Logistics Partners's current dividend yield is 10.26%.
Delek Logistics Partners pays dividends quarterly.
Delek Logistics Partners's dividend payout ratio is 151.3%.
Delek Logistics Partners's dividend yield is above the Energy sector average.