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.
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.
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%.
| 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'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.
| 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% |
Yes, Delek Logistics Partners has been paying dividends for the last nine 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 November 2022.
Delek Logistics Partners's last regular dividend was on Aug 3, 2022 (ex-date) with the amount of $0.985 per share.
DKL has paid dividend of $3.89 per share in the last year.
Delek Logistics Partners's current dividend yield is 7.55%.
Delek Logistics Partners pays dividends quarterly.
Delek Logistics Partners's dividend payout ratio is 107.8%.
Delek Logistics Partners's dividend yield is above the Energy sector average.