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Delek Logistics Partners LP (Delek Logistics Partners LP) 3-Year Dividend Growth Rate : 4.80% (As of Dec. 2023)


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What is Delek Logistics Partners LP 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Delek Logistics Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

DKL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.8   Med: 9.65   Max: 20.8
Current: 4.8

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.

DKL's 3-Year Dividend Growth Rate is ranked worse than
66.56% of 302 companies
in the Oil & Gas industry
Industry Median: 14.5 vs DKL: 4.80

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Delek Logistics Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.26. As of today, Delek Logistics Partners LP's Dividend Yield % is 10.61%.

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.

Good Sign:

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

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


Competitive Comparison of Delek Logistics Partners LP's 3-Year Dividend Growth Rate

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Delek Logistics Partners LP's 3-Year Dividend Growth Rate falls into.



Delek Logistics Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Delek Logistics Partners LP  (NYSE:DKL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Delek Logistics Partners LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.045/ 0.832
=1.26

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.

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.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.16/39.32
=10.58 %

Current Share Price is $39.32.
Delek Logistics Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.16.

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%.

Good Sign:

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

* 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 3-Year Dividend Growth Rate Related Terms>


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