Delek Logistics Partners, LP Announces Increased Quarterly Distribution
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to \$1.13 Per Unit
BRENTWOOD, Tenn., April 23, 2026 – Delek Logistics Partners, LP (NYSE: DKL) has announced a significant update for investors: the company will increase its quarterly cash distribution for the first quarter of 2026 to \$1.13 per common limited partner unit. This equates to an annualized distribution of \$4.52 per unit.
Key Points for Investors
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Increased Distribution: The first quarter 2026 distribution of \$1.13 per unit represents an increase, signaling strong operational performance and continued commitment to returning value to shareholders.
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Distribution Dates: The distribution will be paid on May 11, 2026 to unitholders of record as of May 4, 2026.
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Business Overview: Delek Logistics is a midstream energy master limited partnership operating mainly in the Permian Basin, Delaware Basin, and other strategic Gulf Coast regions. The company provides gathering, pipeline, transportation, storage, wholesale marketing, terminalling, water disposal, and recycling services for crude oil, intermediates, refined products, and natural gas.
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Parent Company: Delek US Holdings, Inc. (NYSE: DK) holds the general partner interest and a majority limited partner interest in Delek Logistics. It is also a significant customer, further aligning the interests of both companies.
Potential Price-Sensitive Information & Shareholder Considerations
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Distribution Growth: The decision to increase the quarterly payout may be viewed positively by income-focused investors and could potentially drive upward movement in DKL’s unit price, reflecting confidence in future cash flow stability and growth.
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Forward-Looking Statements: The announcement contains forward-looking statements regarding future distributions, financial flexibility, and performance. Shareholders should note that actual results may differ due to risks and uncertainties outlined in Delek Logistics’ SEC filings.
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Tax Implications for Foreign Investors: The release serves as a qualified notice under IRS regulations. 100% of Delek Logistics’ distributions to foreign investors are considered effectively connected income with a U.S. trade or business and are subject to federal income tax withholding at the highest applicable rates. Nominees (not Delek Logistics) are responsible for this withholding.
Business Outlook & Investor Relations
Delek Logistics’ ability to increase its distribution underscores management’s confidence in the partnership’s underlying business fundamentals and cash-generating capabilities. The company’s broad asset base in core U.S. energy markets and close ties with Delek US Holdings further support its growth prospects.
Investors or analysts seeking additional information or clarification are encouraged to reach out to the company’s Investor Relations team at [email protected].
Disclaimer: This article contains forward-looking statements based on information available as of the date of publication and management’s current expectations. Actual results may differ materially due to various risks and uncertainties. Investors are advised to consult Delek Logistics’ SEC filings and seek professional advice before making investment decisions. This article does not constitute investment advice.
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