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Delek Logistics Partners Raises Quarterly Distribution From $1.130 To $1.135/Unit

Jul 22, 2026, 8:43 PMBenzinga Newsdesk

Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today declared its quarterly cash distribution for the second quarter 2026 of $1.135 per common limited partner unit, or $4.54 per common limited

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Jul 22, 2026, 8:43 PM
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Jul 22, 2026, 8:43 PM
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  1. Aug 16, 2026, 3:14 PMTodd Shriber

    This Oil Dividend Just Got a Raise. Here's What It Means for Shareholders.

    Delek Logistics Partners raised its quarterly dividend for the third time in 2026, marking its 54th consecutive quarterly increase. However, the company announced a dilutive 4 million-share offering at $50/share, causing a 13% stock decline. Despite the near-term headwind, the stock is up 17.2% year-to-date and now yields 7.7%, with management using proceeds to retire debt and progressing toward separation from parent company Delek US.

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