Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. It operates through three segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investment in Pipeline Joint Ventures. The Pipelines and Transportation segment includes pipelines, trucks, and ancillary assets that provide crude oil gathering, crude oil intermediate and refined products transportation, and storage services primarily in support of the Tyler, El Dorado, and Big Spring refineries, as well as offers crude oil and other products transportation services to third parties. This segment operates approximately 400 miles of crude oil transportation pipelines; 450 miles of refined product pipelines; and approximately 900 miles of crude oil gathering, and intermediate and refined products storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storage, and terminalling services related to refined products to independent third parties. The Investments in Pipeline Joint Ventures Segment owns a portion of three joint ventures that have constructed separate crude oil pipeline systems and related ancillary assets, which serves third parties and subsidiaries. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.
Delek Logistics Partners Dividend Announcement
• Delek Logistics Partners announced a quarterly dividend of $1.10 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-08
• Delek Logistics Partners annual dividend for 2024 was $4.32
• Delek Logistics Partners annual dividend for 2023 was $4.12
• Delek Logistics Partners's trailing twelve-month (TTM) dividend yield is 11.09%
• Delek Logistics Partners's payout ratio for the trailing twelve months (TTM) is 184.73%
• Delek Logistics Partners's dividend growth over the last five years (2018-2023) was 6.33% year
• Delek Logistics Partners's dividend growth over the last ten years (2013-2023) was 11.34% year
Delek Logistics Partners Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $1.10 | quarterly | 2024-11-14 |
| 2024-08-09 | $1.09 | quarterly | 2024-08-14 |
| 2024-05-07 | $1.07 | quarterly | 2024-05-15 |
| 2024-02-02 | $1.05 | quarterly | 2024-02-12 |
| 2023-11-03 | $1.04 | quarterly | 2023-11-13 |
| 2023-08-04 | $1.03 | quarterly | 2023-08-14 |
| 2023-05-05 | $1.02 | quarterly | 2023-05-15 |
| 2023-02-01 | $1.02 | quarterly | 2023-02-09 |
| 2022-11-03 | $0.99 | quarterly | 2022-11-10 |
| 2022-08-03 | $0.98 | quarterly | 2022-08-11 |
| 2022-05-04 | $0.98 | quarterly | 2022-05-12 |
| 2022-01-31 | $0.97 | quarterly | 2022-02-08 |
| 2021-11-04 | $0.95 | quarterly | 2021-11-10 |
| 2021-08-04 | $0.94 | quarterly | 2021-08-11 |
| 2021-05-07 | $0.92 | quarterly | 2021-05-14 |
| 2021-02-01 | $0.91 | quarterly | 2021-02-09 |
| 2020-11-05 | $0.91 | quarterly | 2020-11-12 |
| 2020-08-06 | $0.90 | quarterly | 2020-08-12 |
| 2020-05-04 | $0.89 | quarterly | 2020-05-12 |
| 2020-02-03 | $0.89 | quarterly | 2020-02-12 |
| 2019-11-01 | $0.88 | quarterly | 2019-11-12 |
| 2019-08-02 | $0.85 | quarterly | 2019-08-13 |
| 2019-05-06 | $0.82 | quarterly | 2019-05-14 |
| 2019-02-01 | $0.81 | quarterly | 2019-02-12 |
| 2018-11-01 | $0.79 | quarterly | 2018-11-09 |
| 2018-08-02 | $0.77 | quarterly | 2018-08-13 |
| 2018-05-04 | $0.75 | quarterly | 2018-05-15 |
| 2018-02-01 | $0.72 | quarterly | 2018-02-12 |
| 2017-11-06 | $0.71 | quarterly | 2017-11-14 |
| 2017-08-02 | $0.70 | quarterly | 2017-08-11 |
| 2017-05-03 | $0.69 | quarterly | 2017-05-12 |
| 2017-02-03 | $0.68 | quarterly | 2017-02-14 |
| 2016-11-03 | $0.66 | quarterly | 2016-11-14 |
| 2016-08-03 | $0.63 | quarterly | 2016-08-12 |
| 2016-05-03 | $0.61 | quarterly | 2016-05-13 |
| 2016-02-03 | $0.59 | quarterly | 2016-02-12 |
| 2015-11-04 | $0.57 | quarterly | 2015-11-13 |
| 2015-08-04 | $0.55 | quarterly | 2015-08-14 |
| 2015-04-30 | $0.53 | quarterly | 2015-05-14 |
| 2015-02-04 | $0.51 | quarterly | 2015-02-13 |
| 2014-11-04 | $0.49 | quarterly | 2014-11-14 |
| 2014-08-05 | $0.47 | quarterly | 2014-08-14 |
| 2014-05-02 | $0.42 | quarterly | 2014-05-14 |
| 2014-01-31 | $0.41 | quarterly | 2014-02-13 |
| 2013-11-05 | $0.41 | quarterly | 2013-11-14 |
| 2013-08-02 | $0.40 | quarterly | 2013-08-13 |
| 2013-05-03 | $0.39 | quarterly | 2013-05-15 |
| 2013-02-04 | $0.22 | quarterly | 2013-02-14 |
Delek Logistics Partners Dividend per year
Delek Logistics Partners Dividend growth
Delek Logistics Partners Dividend Yield
Delek Logistics Partners current trailing twelve-month (TTM) dividend yield is 11.09%. Interested in purchasing Delek Logistics Partners stock? Use our calculator to estimate your expected dividend yield:
Delek Logistics Partners Financial Ratios
P/E ratio14.16
PEG ratio0.28
P/B ratio-40.65
ROE-172.27%
Payout ratio184.73%
Current ratio1.24
Quick ratio1.17
Cash Ratio0.11
Delek Logistics Partners Dividend FAQ
How much is the next Delek Logistics Partners dividend?
Delek Logistics Partners's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Delek Logistics Partners dividend. The next Delek Logistics Partners dividend will be released in February, May, August, or November.
When is Delek Logistics Partners dividend paid?
Delek Logistics Partners pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Delek Logistics Partners pay?
The specific amount of Delek Logistics Partners dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Delek Logistics Partners's dividend history.
Does Delek Logistics Partners stock pay dividends?
Yes, Delek Logistics Partners does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Delek Logistics Partners's dividend history.
How much dividend does Delek Logistics Partners pay?
Delek Logistics Partners paid $4.315 in 2024, $4.125 in 2023, $3.93 in 2022, $3.72 in 2021, and $3.58 in 2020.
How often does Delek Logistics Partners pay dividends?
Delek Logistics Partners typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Delek Logistics Partners's dividend yield?
The current dividend yield for Delek Logistics Partners is 11.09%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Delek Logistics Partners's exact dividend yield.
When does Delek Logistics Partners go ex dividend?
Delek Logistics Partners's ex-dividend date for the latest dividend was on 2024-11-08. Delek Logistics Partners typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Delek Logistics Partners dividend paid?
Delek Logistics Partners pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Delek Logistics Partners increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Delek Logistics Partners will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Delek Logistics Partners dividend per share?
Delek Logistics Partners paid $4.315 per share in 2024 and $4.125 per share in 2023. The amount of dividend per share that Delek Logistics Partners pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Delek Logistics Partners a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Delek Logistics Partners a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Delek Logistics Partners a dividend stock?
Yes, Delek Logistics Partners is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Delek Logistics Partners a good dividend stock?
Whether Delek Logistics Partners is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Delek Logistics Partners has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Delek Logistics Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Delek Logistics Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Delek Logistics Partners pay dividends monthly?
Delek Logistics Partners typically pays dividends on a quarterly basis.
Does Delek Logistics Partners pay dividends quarterly?
Delek Logistics Partners currently pays dividends on a quarterly basis.
Has Delek Logistics Partners ever paid a dividend?
Yes, Delek Logistics Partners has a history of paying dividends to its shareholders. Delek Logistics Partners is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Delek Logistics Partners dividend stocks?
To buy Delek Logistics Partners you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Delek Logistics Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Delek Logistics Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Delek Logistics Partners pay dividends 2024?
Delek Logistics Partners pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Delek Logistics Partners increase its dividend in 2024?
Decisions regarding Delek Logistics Partners dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Delek Logistics Partners dividend overview you can look into the above table of dividend history.
How Delek Logistics Partners dividend works?
The Delek Logistics Partners dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Delek Logistics Partners's dividend process works:
1. Determination of Dividend: Delek Logistics Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Delek Logistics Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Delek Logistics Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Delek Logistics Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Delek Logistics Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Delek Logistics Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Delek Logistics Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Delek Logistics Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Delek Logistics Partners dividends paid?
Delek Logistics Partners dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Delek Logistics Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Delek Logistics Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Delek Logistics Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Delek Logistics Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Delek Logistics Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Delek Logistics Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Delek Logistics Partners pay dividends?
Delek Logistics Partners typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Delek Logistics Partners pay dividends?
The general pattern is that Delek Logistics Partners pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Delek Logistics Partners dividend safe?
The safety of Delek Logistics Partners's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Delek Logistics Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Delek Logistics Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Delek Logistics Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Delek Logistics Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.