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Delek Logistics Partners LP (Delek Logistics Partners LP) Dividend Yield % : 10.66% (As of Apr. 25, 2024)


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What is Delek Logistics Partners LP Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Delek Logistics Partners LP is 10.66%.

Good Sign:

Delek Logistics Partners LP stock dividend yield is close to 3-year high.

The historical rank and industry rank for Delek Logistics Partners LP's Dividend Yield % or its related term are showing as below:

DKL' s Dividend Yield % Range Over the Past 10 Years
Min: 0.64   Med: 8.48   Max: 41.18
Current: 10.66

During the past 13 years, the highest Dividend Yield of Delek Logistics Partners LP was 41.18%. The lowest was 0.64%. And the median was 8.48%.

DKL's Dividend Yield % is ranked better than
88.82% of 492 companies
in the Oil & Gas industry
Industry Median: 4.015 vs DKL: 10.66

Delek Logistics Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Delek Logistics Partners LP is 1.29, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Delek Logistics Partners LP was 1.34. The lowest was 0.63. And the median was 1.11.

As of today (2024-04-25), the Forward Dividend Yield % of Delek Logistics Partners LP is 10.81%.

Delek Logistics Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $1.05.

During the past 12 months, Delek Logistics Partners LP's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Delek Logistics Partners LP was 20.80% per year. The lowest was 4.80% per year. And the median was 9.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Delek Logistics Partners LP Dividend Yield % Historical Data

The historical data trend for Delek Logistics Partners LP's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delek Logistics Partners LP Dividend Yield % Chart

Delek Logistics Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.51 11.19 8.71 8.37 9.56

Delek Logistics Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.37 8.38 7.36 9.70 9.56

Competitive Comparison of Delek Logistics Partners LP's Dividend Yield %

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delek Logistics Partners LP's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Delek Logistics Partners LP's Dividend Yield % falls into.



Delek Logistics Partners LP Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Delek Logistics Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0552024-02-022024-02-052024-02-12Cash DividendquarterlyUSD:USD 1.000000
USD 1.0452023-11-032023-11-062023-11-13Cash DividendquarterlyUSD:USD 1.000000
USD 1.0352023-08-042023-08-072023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 1.0252023-05-052023-05-082023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Delek Logistics Partners LP's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.16/39.035
=10.66 %

Current Share Price is $39.035.
Delek Logistics Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.16.

Delek Logistics Partners LP's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.22/39.035
=10.81 %

Current Share Price is $39.035.
Delek Logistics Partners LP's Dividends per Share for the forward twelve months is calculated as $1.055 * 4 = $4.22.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Delek Logistics Partners LP  (NYSE:DKL) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Delek Logistics Partners LP Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Delek Logistics Partners LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Delek Logistics Partners LP (Delek Logistics Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas.
Executives
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027