Delek Logistics Partners Raises Quarterly Cash Dividend

Dow Jones

01/25

By Sabela Ojea

Delek Logistics Partners boosted its quarterly dividend by 0.5%.

The board of directors approved an increase in the cash distribution to $1.105 from $1.10, the company said Friday.

The new payout, equal to $4.42 a share annually, represents a yield of 10%, based on the company's latest closing price of $44.19.

The quarterly cash distribution will be paid on Feb. 11 to unitholders of record on Feb. 4.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

January 24, 2025 18:38 ET (23:38 GMT)

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@sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 24, 2025 18:38 ET (23:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Delek Logistics Partners Raises Quarterly Cash Dividend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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@sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 24, 2025 18:38 ET (23:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4590","symbol_name":"PTP","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506812530","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506812530","pubTimestamp":1737761880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Delek Logistics Partners boosted its quarterly dividend by 0.5%.The board of directors approved an increase in the cash distribution to $1.105 from $1.10, the company said Friday.The new payout, equal to $4.42 a share annually, represents a yield of 10%, based on the company's latest closing price of $44.19.The quarterly cash distribution will be paid on Feb. 11 to unitholders of record on Feb. 4.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4590":"PTP","NEX.SI":"绿达环球有限公司","BK6039":"环境与设施服务","BK4144":"石油与天然气的储存和运输","BK6520":"工商业服务概念","DKL":"Delek Logistics Partners"},"translate_title":"Delek Logistics Partners提高季度现金股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKL":0.9,"NEX.SI":1},"content_text":"By Sabela Ojea \n\n\n \n\n\nDelek Logistics Partners boosted its quarterly dividend by 0.5%. \n\n\n  The board of directors approved an increase in the cash distribution to $1.105 from $1.10, the company said Friday. \n\n\n  The new payout, equal to $4.42 a share annually, represents a yield of 10%, based on the company's latest closing price of $44.19. \n\n\n  The quarterly cash distribution will be paid on Feb. 11 to unitholders of record on Feb. 4. \n\n\n \n\n\n  Write to Sabela Ojea at sabela.ojea@wsj.com; 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