SmarterDividends
DKL

Delek Logistics Partners, LP

DKL

Energy · Stock · quarterly payer

Forward Yield

8.58%

Annual Dividend

$4.49

Payout Ratio

141%

5-Yr Growth

4.4%

Ex-Date

May 4, 2026

Frequency

Quarterly

DKL Dividend Safety Score

78/ 100
Grade B

Safe

Dividend-growth streak12 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage141% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DKL a good dividend stock?

Yes

Delek Logistics Partners, LP (DKL) pays a quarterly dividend yielding 8.58% ($4.49/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 12 consecutive years of dividend growth
  • Never cut its dividend on record

Risks

  • Elevated payout ratio (141%)
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.58%
Payout Ratio
141%
Annual Dividend
$4.49
5-Yr Avg Growth
4.4%
Ex-Dividend Date
May 4, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.45
Market Cap
$2.8B
P/E Ratio
16.5
5-Yr Total Return
25%
52-Week Range
$41.72 – $55.89
Dividend Safety
B · 78/100
Ever Cut?
No
DKL ex-dividend date & scheduleNext ex-date May 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $4.49 / yr per share

Per payment (quarterly)$112.25
Annual$449.00
Monthly avg$37.42