DELEK LOGISTICS PARTNERS, LP
DKLDelek Logistics Partners, LP (DKL) is a diversified midstream company that provides transportation, terminalling, and storage services for crude oil, refined products, and natural gas liquids. It operates primarily through its assets located in the Permian Basin, Gulf Coast, and Midcontinent regions, supporting the energy infrastructure and enabling efficient movement of hydrocarbons. The company is structured as a master limited partnership (MLP) and focuses on delivering stable cash flows and distribution growth to its unitholders.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 13, 2025 | $1.12 | 2025-11-07 | 2025-11-07 |
| August 14, 2025 | $1.11 | 2025-08-08 | 2025-08-08 |
| May 15, 2025 | $1.11 | 2025-05-08 | 2025-05-08 |
| February 11, 2025 | $1.10 | 2025-02-04 | 2025-02-04 |
| November 14, 2024 | $1.10 | 2024-11-08 | 2024-11-08 |
Dividends Summary
- Consistent Payer: DELEK LOGISTICS PARTNERS, LP has rewarded shareholders with 52 dividend payments over the past 12 years.
- Total Returned Value: Investors who held DKL shares during this period received a total of $41.16 per share in dividend income.
- Latest Payout: The most recent dividend of $1.12/share was paid 71 days ago, on November 13, 2025.
- Yield & Schedule: DKL currently pays dividends quarterly with an annual yield of 9.25%.
- Dividend Growth: Since 2013, the dividend payout has grown by 400.0%, from $0.22 to $1.12.
- Growth Streak: DKL has raised its dividend for 52 consecutive payments.
Company News
The article explores five high-yield investments with potential dividend increases before year-end, focusing on midstream MLPs, communication services, and mortgage REITs with yields ranging from 8.5% to 16.6%.
Two master limited partnerships (MLPs) in the energy midstream sector, Enterprise Products Partners and Delek Logistics Partners, were compared for their income investment potential, with Enterprise emerging as the safer and more reliable option due to its stronger financial profile and consistent distribution increases.
Delek Logistics Partners reported strong Q4 2024 results, with record quarterly adjusted EBITDA of $107 million. The company provided 2025 EBITDA guidance of $480-$520 million, representing 20% growth. Delek Logistics also announced a $150 million buyback program from its sponsor, Delek, to enhance value for unitholders.
Enterprise Products Partners (EPD) is a popular income investment, but investors should also consider Delek Logistics Partners (DKL), which offers an even higher yield of 10.8% and has a track record of consistent distribution growth.
The article discusses five high-yield, high-risk dividend stocks that could potentially generate a lucrative passive income stream for investors with a high-risk tolerance. However, these stocks also have a higher probability of cutting their dividends in the future.
