Delek Logistics Partners's latest dividend was on Aug 9, 2024 (ex-date) with a payout of $1.09 per share. At an annualized rate of $4.26 per share, the stock yields 11.2%. The latest dividend has an increase of $0.02, or 1.9% from the prior distribution.
Delek Logistics Partners's dividend yield of 11.2% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 4.49%, Delek Logistics Partners's dividend yield is 149% higher. Historically DKL's dividend yield has averaged at 9.6% in the last 5 years, which is below 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 40% since twelve months ago. And with the price of the stock down by 16% from a year ago, the dividend yield has an increase of 66%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 9, 2024 | $1.09 | 10.94% |
May 7, 2024 | $1.07 | 10.83% |
Feb 2, 2024 | $1.055 | 9.19% |
Nov 3, 2023 | $1.045 | 6.62% |
Aug 4, 2023 | $1.035 | 7.42% |
May 5, 2023 | $1.025 | 6.79% |
Nov 3, 2022 | $0.99 | 7.15% |
Aug 3, 2022 | $0.985 | 7.19% |
May 4, 2022 | $0.98 | 7.62% |
Jan 31, 2022 | $0.975 | 8.45% |
Nov 4, 2021 | $0.95 | 7.93% |
Aug 4, 2021 | $0.94 | 9.16% |
May 7, 2021 | $0.92 | 9.27% |
Feb 1, 2021 | $0.91 | 9.88% |
Nov 5, 2020 | $0.905 | 12.95% |
Aug 6, 2020 | $0.9 | 11.12% |
May 4, 2020 | $0.89 | 19.02% |
Feb 3, 2020 | $0.885 | 11.05% |
Nov 1, 2019 | $0.88 | 10.64% |
Aug 2, 2019 | $0.85 | 10.22% |
May 6, 2019 | $0.82 | 10.4% |
Feb 1, 2019 | $0.81 | 10.65% |
Nov 1, 2018 | $0.79 | 9.8% |
Aug 2, 2018 | $0.77 | 10.35% |
May 4, 2018 | $0.75 | 10.34% |
Feb 1, 2018 | $0.725 | 8.94% |
Nov 6, 2017 | $0.715 | 9.28% |
Aug 2, 2017 | $0.705 | 8.17% |
May 3, 2017 | $0.69 | 8.62% |
Feb 3, 2017 | $0.68 | 7.41% |
Nov 3, 2016 | $0.655 | 11.09% |
Aug 3, 2016 | $0.63 | 9.35% |
May 3, 2016 | $0.61 | 7.13% |
Feb 3, 2016 | $0.59 | 8.22% |
Nov 4, 2015 | $0.57 | 6.55% |
Aug 4, 2015 | $0.55 | 4.89% |
Apr 30, 2015 | $0.53 | 4.77% |
Feb 4, 2015 | $0.51 | 4.52% |
Delek Logistics Partners's payout ratio of 145.9% is above the Energy sector and the industry average. If we compare it with its Energy sector average of 49.2%, Delek Logistics Partners's payout ratio is 197% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
DKL Delek Logistics Partners LP | 11.05% | $4.26 | 145.9% |
MPLX Mplx Lp | 7.57% | $3.4 | 82.5% |
PAA Plains All American Pipeline Lp | 7.29% | $1.22 | 109.9% |
DK Delek US Holdings Inc | 6.2% | $0.99 | N/A |
ENLC EnLink Midstream LLC | 3.52% | $0.52 | 174.3% |
Yes, Delek Logistics Partners has been paying dividends for the last 11 years.
Delek Logistics Partners's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $1.09 per share.
DKL has paid dividend of $4.26 per share in the last year.
Delek Logistics Partners's current dividend yield is 11.2%.
Delek Logistics Partners pays dividends quarterly.
Delek Logistics Partners's dividend payout ratio is 145.9%.
Delek Logistics Partners's dividend yield is above the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.