SmarterDividends
DKL

Delek Logistics Partners, LP

DKL

Energy · Oil & Gas Refining & Marketing · Stock · quarterly payer

$57.40

Undervalued · +83% Add to Portfolio

Forward Yield

7.94%

Annual Dividend

$4.56

Payout Ratio

155%

5-Yr Growth

4.4%

Ex-Date

Nov 3, 2026

Frequency

Quarterly

Key facts about DKL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Delek Logistics Partners, LP (DKL) has a forward dividend yield of 7.94%, based on an annual dividend of $4.56 per share and a share price of $57.40.
  • As of Oct 27, 2026, DKL's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Delek Logistics Partners, LP (DKL) has raised its dividend for 12 consecutive years as of Oct 27, 2026.
  • DKL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • DKL's next ex-dividend date is Nov 3, 2026, with payment on Nov 10, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 27, 2026, DKL pays out 155% of its trailing 12-month earnings as dividends (its payout ratio).
  • DKL's dividend has grown at an average rate of 4.4% a year over the past five years.
  • As of Oct 27, 2026, DKL's 7.94% yield is 13% below its five-year average yield of 9.17%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for DKL is $104.91 per share, 83% above the $57.40 share price, so DKL screens as undervalued.
  • Delek Logistics Partners, LP (DKL) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "DKL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/DKL

Summary

As of Oct 27, 2026, Delek Logistics Partners, LP (DKL) yields 7.94% ($4.56 a year per share), has a dividend safety grade of B (79/100) and has 12 consecutive years of dividend increases on record.

Is DKL a good dividend stock?

Yes

Delek Logistics Partners, LP (DKL) pays a quarterly dividend yielding 7.94% ($4.56/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 (155%)

Key Data

Dividend Yield
7.94%
Payout Ratio
155%
Annual Dividend
$4.56
5-Yr Avg Growth
4.4%
Ex-Dividend Date
Nov 3, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.45
Market Cap
$3.3B
P/E Ratio
19.9
5-Yr Total Return
35%
52-Week Range
$42.82 – $61.50
Dividend Safety
B · 79/100
Ever Cut?
No

DKL dividend changes

Delek Logistics Partners, LP (DKL) pays a variable dividend: across the 55 payments on record since 2013, 54 were higher than the one before and 0 lower. The latest change was up 0.4% to $1.14 per share, going ex-dividend on Aug 3, 2026.

Ex-dateChangeOld → newMove
Aug 3, 2026Higher$1.13 → $1.14+0.4%
May 4, 2026Higher$1.13 → $1.13+0.4%
Feb 5, 2026Higher$1.12 → $1.13+0.4%
Nov 7, 2025Higher$1.12 → $1.12+0.4%
Aug 8, 2025Higher$1.11 → $1.12+0.5%
May 8, 2025Higher$1.11 → $1.11+0.5%
Feb 4, 2025Higher$1.10 → $1.11+0.5%
Nov 8, 2024Higher$1.09 → $1.10+0.9%
Aug 9, 2024Higher$1.07 → $1.09+1.9%
May 7, 2024Higher$1.06 → $1.07+1.4%
Feb 2, 2024Higher$1.05 → $1.06+1.0%
Nov 3, 2023Higher$1.04 → $1.05+1.0%
Every DKL payment →Download every raise and cut (CSV)
DKL ex-dividend date & scheduleNext ex-date Nov 3, 2026 · full ex-dividend historyView →DKL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is DKL a good dividend stock?

Yes. Delek Logistics Partners, LP (DKL) pays a quarterly dividend yielding 7.94% ($4.56/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.

Is DKL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DKL's fair value is about $104.91 versus a $57.40 share price — so it looks undervalued (+83% vs. fair value).

Is DKL's dividend safe?

DKL has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is DKL's fair value?

Our blended fair-value estimate for DKL is about $104.91 per share, roughly 83% above the current $57.40 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DKL a buy, hold, or sell?

We don't issue formal ratings, but on the data DKL screens as "yes" and undervalued. Delek Logistics Partners, LP (DKL) pays a quarterly dividend yielding 7.94% ($4.56/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. This is research for your own analysis, not investment advice.

Will DKL cut its dividend?

DKL earns a dividend-safety grade of B (79/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does DKL pay a dividend?

Yes. Delek Logistics Partners, LP pays a quarterly dividend of about $4.56 per share annually, a forward yield of roughly 7.94%.

What is DKL's dividend yield?

As of Oct 27, 2026, DKL's forward dividend yield is 7.94%, based on a $4.56 annual dividend and a $57.40 share price.

What is DKL's dividend per share?

As of Oct 27, 2026, DKL pays $4.56 per share per year, distributed on a quarterly basis.

What is DKL's dividend payout ratio?

As of Oct 27, 2026, DKL's payout ratio is 155% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has DKL grown its dividend?

As of Oct 27, 2026, DKL has increased its dividend for 12 consecutive years.

When is the next DKL ex-dividend date?

As of Oct 27, 2026, the next ex-dividend date on record for DKL is Nov 3, 2026.

Income Calculator

At $4.56 / yr per share

Per payment (quarterly)$114.00
Annual$456.00
Monthly avg$38.00

Similar Dividend Stocks

XOMXOMExxonMobil Holdings Corporation2.23%24 yrCVXCVXChevron Corporation3.07%38 yrPCCYFPCCYFPetroChina Company Limited6.08%EnergySHELSHELShell plc2.92%Energy

Compare DKL

DKL vs XOMDKL vs CVXDKL vs PCCYFDKL vs SHEL

Explore more

Lists and tools related to DKL