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Delek Logistics Partners (DKL) Dividend Yield, Date & History

Delek Logistics Partners logo
$40.49 +0.50 (+1.25%)
(As of 12/20/2024 05:31 PM ET)

Delek Logistics Partners Dividend Summary

Dividend Yield
10.87%
Annual Dividend
$4.40
Recent
Dividend Payment
Nov. 14
Annualized 3-Year
Dividend Growth
4.84%
Dividend Payout Ratio
156.03%

Delek Logistics Partners (DKL) pays an annual dividend of $4.40 per share, with a dividend yield of 10.87%. The next quarterly payment of $1.10 per share was paid on Thursday, November 14, to investors who owned the stock before the ex-dividend date of Friday, November 8. The company currently pays out 156.03% of its earnings and 75.09% of its cash flow as dividends.

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DKL Dividend Payments by Quarter

The chart below displays up to four years of Delek Logistics Partners' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DKL Dividend Yield Over Time

The chart below tracks Delek Logistics Partners' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Delek Logistics Partners vs. The Competition

Compare Delek Logistics Partners' annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeDelek Logistics PartnersEnergy CompaniesNYSE Companies
Annual Dividend$4.40$0.00$1.39
Dividend Yield10.87%11.55%3.58%
Annualized 3-Year Dividend Growth4.84%25.09%15.78%

Delek Logistics Partners Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings156.03%
Based on This Year's Estimate144.26%
Based on Next Year's Estimate157.14%
Based on Cashflow75.09%

Delek Logistics Partners Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/29/2024Quarterly$1.10+$0.01
0.92%
11.2%11/8/202411/8/202411/14/2024
7/30/2024Quarterly$1.09+$0.0650
6.34%
10.6%8/9/20248/9/20248/14/2024
4/25/2024Quarterly$1.0250+$0.78
318.37%
10.21%5/7/20245/8/20245/15/2024
2/20/2024Quarterly$0.2450-$0.81
76.78%
2.15%2/29/20243/1/20243/8/2024
1/24/2024Quarterly$1.0550+$0.01
0.96%
9.56%2/2/20242/5/20242/12/2024
10/25/2023Quarterly$1.0450+$0.01
0.97%
9.08%11/3/202311/6/202311/13/2023
7/26/2023Quarterly$1.0350+$0.01
0.98%
8.8%8/4/20238/7/20238/14/2023
4/28/2023Quarterly$1.0250+$0.0050
0.49%
8.7%5/5/20235/8/20235/15/2023
1/23/2023Quarterly$1.02+$0.03
3.03%
8.25%2/1/20232/2/20232/9/2023

This table shows Delek Logistics Partners' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Delek Logistics Partners Dividend - Frequently Asked Questions

The current dividend yield for Delek Logistics Partners is 10.87%. Learn more on DKL's dividend yield history.

The annual dividend for DKL shares is $4.40. Learn more on DKL's annual dividend history.

Delek Logistics Partners pays quarterly dividends to shareholders.

Delek Logistics Partners's most recent quarterly dividend payment of $1.10 per share was made to shareholders on Thursday, November 14, 2024.

Delek Logistics Partners's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has grown by an average of 4.84% per year.

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, October 29, 2024.

The dividend payout ratio for DKL is:
  • 156.03% based on the trailing year of earnings
  • 144.26% based on this year's estimates
  • 157.14% based on next year's estimates
  • 75.09% based on cash flow

Delek Logistics Partners' dividend yield of 11.01% is lower than the average Oils/Energy company that issues a dividend. DKL has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. Delek Logistics Partners' dividend payout ratio of 156.03% may not be sustainable.

Looking at the stock as a whole, market analysts rate Delek Logistics Partners stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:DKL) was last updated on 12/21/2024 by MarketBeat.com Staff
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