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DKL Delek Logistics Partners dividend history, payout ratio & dates

Delek Logistics Partners's latest quarterly dividend was on Aug 3, 2022 (ex-date) with a payout of $0.985 per share. At an annualized rate of $3.89 per share, the stock yields 7.55%. The latest dividend has an increase of $0.01, or 0.5% from the prior distribution.

Key dates

  • DKL last dividend date: Aug 3, 2022
  • DKL next dividend date: Not announced
DKL dividend stats
DPS
$3.89
Dividend yield
7.53%
Payout ratio
107.8%
vs. Energy sector
Dividend yield
4.26%
Payout ratio
47.2%

Dividend yield

What is Delek Logistics Partners current dividend yield

Delek Logistics Partners's dividend yield of 7.55% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 4.26%, Delek Logistics Partners's dividend yield is 77% higher. Historically DKL's dividend yield has averaged at 10.2% in the last 5 years, which is above the current yield.

Dividend history

What is DKL dividend payout history and dates

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 6% since twelve months ago. However with the price of the stock up by 12% from a year ago, the dividend yield has a decrease of 6%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Delek Logistics Partners dividend payout ratio compared to the sector

Payout ratio

Delek Logistics Partners's payout ratio of 107.8% is above the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 47.2%, Delek Logistics Partners's payout ratio is 128% higher.

Total amount of dividends paid per financial year (from cash flow)

DKL dividend vs peer dividends

How does DKL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NS NuStar Energy LP 11.71% $1.6 N/A
MMP Magellan Midstream Partners LP 8.66% $4.15 88.9%
HEP Holly Energy Partners Lp 8.43% $1.4 78.2%
DKL Delek Logistics Partners LP 7.53% $3.89 107.8%
PBFX PBF Logistics LP 6.33% $1.2 49%

Frequently asked questions

Does Delek Logistics Partners pay a dividend?

Yes, Delek Logistics Partners has been paying dividends for the last nine years.

When is Delek Logistics Partners's next dividend?

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 November 2022.

When was DKL's last dividend?

Delek Logistics Partners's last regular dividend was on Aug 3, 2022 (ex-date) with the amount of $0.985 per share.

How much dividend does Delek Logistics Partners pay (per share)?

DKL has paid dividend of $3.89 per share in the last year.

What is Delek Logistics Partners's dividend yield?

Delek Logistics Partners's current dividend yield is 7.55%.

How often does Delek Logistics Partners pay dividends?

Delek Logistics Partners pays dividends quarterly.

What is Delek Logistics Partners's dividend payout ratio?

Delek Logistics Partners's dividend payout ratio is 107.8%.

Does Delek Logistics Partners pay a good dividend?

Delek Logistics Partners's dividend yield is above the Energy sector average.