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DKL Delek Logistics Partners dividend history, payout ratio & dates

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.

Key dates

  • DKL last dividend date: Aug 9, 2024
DKL dividend stats
DPS
$4.26
Dividend yield
11.05%
Payout ratio
145.9%
vs. Energy sector
Dividend yield
4.49%
Payout ratio
49.2%

Dividend yield

What is Delek Logistics Partners current dividend yield

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.

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 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%.

Recent dividends

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 dividend payout ratio

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

Payout ratio

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.

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
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%

Frequently asked questions

Does Delek Logistics Partners pay a dividend?

Yes, Delek Logistics Partners has been paying dividends for the last 11 years.

When was DKL's last dividend?

Delek Logistics Partners's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $1.09 per share.

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

DKL has paid dividend of $4.26 per share in the last year.

What is Delek Logistics Partners's dividend yield?

Delek Logistics Partners's current dividend yield is 11.2%.

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 145.9%.

Does Delek Logistics Partners pay a good dividend?

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.