Master limited partnership
Delek Logistics Partners, LP (DKL)
Delek Logistics Partners, LP trades as DKL on NYSE. This page collects what it has actually paid — every recorded payment, the calendar-year totals, the forward and trailing 12-month yields side by side against the last price, and the dates already declared.
Price as of Aug 25, 2026 (6 hours ago) · supplied by fmp. Quotes may be delayed. Verify with your broker before acting on anything here.
The two yields above are different measurements and are not interchangeable. The forward yield annualises the last regular payment; the trailing 12-month yield counts the cash actually paid over the last 365 days. Neither is an interest rate, a bond's yield to maturity or an index effective yield, and none of those may be compared with these as like for like. See how we compute these numbers.
The growth streak above is a floor, not a full record. Our stored payment history for DKL begins in 2012, and the run of increases reaches that first stored year, so the honest statement is that the payment rose in at least 13 consecutive complete years — the issuer's own record may be longer, and the issuer's published payment history is the authority on it.
The plus sign on the growth streak means our own payment record starts before the run of increases does, so the count is a floor rather than a total: the payment rose in at least that many consecutive complete years, and possibly in more that happened before our history begins. It is not the issuer's official record, and a longer streak published elsewhere is not a contradiction of it.
A yield is just a payment divided by a price, so it moves every day even when the payment does not. The forward number is an estimate of the next twelve months; the trailing number is what was actually paid over the last twelve. Ex-date is the cut-off: own the shares before it and the next payment is yours, buy on or after it and the seller keeps it.
What DKL is
Delek Logistics Partners, LP (DKL) manages and operates a diverse portfolio of logistics and marketing assets for crude oil, intermediate, and refined petroleum products throughout the United States. The company's operations are structured into three primary segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures. The Pipelines and Transportation division encompasses a comprehensive network of pipelines, trucking fleets, and supporting facilities. It provides essential services such as crude oil gathering, the movement of crude, intermediate, and refined products, and storage solutions. These services primarily bolster the operations of the Tyler, El Dorado, and Big Spring refineries, while also extending transport capabilities for crude and other products to external clients. This segment includes approximately 400 miles of crude oil transportation pipelines and 450 miles of refined product pipelines. Additionally, it operates roughly 900 miles dedicated to crude oil gathering, alongside storage tanks for intermediate and refined products, boasting a combined active shell capacity of around 10.2 million barrels. Through its Wholesale Marketing and Terminalling segment, the company delivers bulk marketing, transport, storage, and terminalling services exclusively for refined petroleum products to independent third-party customers. The Investments in Pipeline Joint Ventures segment involves equity stakes in three collaborative ventures. These partnerships have developed distinct crude oil pipeline systems and associated infrastructure, which cater to both external parties and Delek's own subsidiaries. Delek Logistics GP, LLC acts as the general partner for the firm. Established in 2012, Delek Logistics Partners, LP is headquartered in Brentwood, Tennessee, and operates as a subsidiary of Delek US Holdings, Inc.
DKL is a master limited partnership. You hold units, not shares, and you are a limited partner rather than a shareholder. The partnership pays no entity-level tax; it passes income and deductions through to unitholders, who receive a Schedule K-1 each year instead of a 1099.
A large part of a typical MLP distribution is treated as return of capital that lowers your cost basis and is recaptured when you sell. K-1s arrive late, can require state filings, and units held inside a retirement account can generate unrelated business taxable income. Read how MLPs work.
Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.
Payment history
Each row is one payment as recorded by our data provider, newest first. The final column compares it with the nearest payment about a year earlier.
The table lists the 24 most recent recorded distributions for DKL, newest first, with ex-dates running from Nov 05, 2020 to Aug 03, 2026. The latest is $1.14 per share in USD, ex-date Aug 03, 2026, pay date Aug 10, 2026. Measured against the nearest payment about a year earlier, 24 are higher, 0 lower and 0 unchanged; the remaining 0 have no comparable payment in the record. None is flagged as a special or one-off payment. Payment records supplied by fmp.
How to read this table: one row is one payment, newest at the top, and the amount is what a single share received on that one date. It is not an annual figure — the yearly ones are in the tiles above and in the totals further down. A row marked Special is a one-off the issuer chose to make rather than part of the regular schedule, which is why it is left out of the year-on-year comparison and out of those yearly totals. Whether the amount repeats for several rows or moves every time is a fact about the structure rather than a sign of health: a company usually resets its dividend once a year, while a fund's distribution can change with every payment.
| Ex-dateOwn it before this day and this payment is yours. | Pay date | Amount per shareWhat one share received on that date, before tax. | Cadence tagged by provider | Type | vs. a year earlier |
|---|---|---|---|---|---|
| Aug 03, 2026 | Aug 10, 2026 | $1.1350 | Quarterly | Regular | +1.79% |
| May 04, 2026 | May 11, 2026 | $1.1300 | Quarterly | Regular | +1.80% |
| Feb 05, 2026 | Feb 12, 2026 | $1.1250 | Quarterly | Regular | +1.81% |
| Nov 07, 2025 | Nov 13, 2025 | $1.1200 | Quarterly | Regular | +1.82% |
| Aug 08, 2025 | Aug 14, 2025 | $1.1150 | Quarterly | Regular | +2.29% |
| May 08, 2025 | May 15, 2025 | $1.1100 | Quarterly | Regular | +3.74% |
| Feb 04, 2025 | Feb 11, 2025 | $1.1050 | Quarterly | Regular | +4.74% |
| Nov 08, 2024 | Nov 14, 2024 | $1.1000 | Quarterly | Regular | +5.26% |
| Aug 09, 2024 | Aug 14, 2024 | $1.0900 | Quarterly | Regular | +5.31% |
| May 07, 2024 | May 15, 2024 | $1.0700 | Quarterly | Regular | +4.39% |
| Feb 02, 2024 | Feb 12, 2024 | $1.0550 | Quarterly | Regular | +3.43% |
| Nov 03, 2023 | Nov 13, 2023 | $1.0450 | Quarterly | Regular | +5.56% |
| Aug 04, 2023 | Aug 14, 2023 | $1.0350 | Quarterly | Regular | +5.08% |
| May 05, 2023 | May 15, 2023 | $1.0250 | Quarterly | Regular | +4.59% |
| Feb 01, 2023 | Feb 09, 2023 | $1.0200 | Quarterly | Regular | +4.62% |
| Nov 03, 2022 | Nov 10, 2022 | $0.9900 | Quarterly | Regular | +4.21% |
| Aug 03, 2022 | Aug 11, 2022 | $0.9850 | Quarterly | Regular | +4.79% |
| May 04, 2022 | May 12, 2022 | $0.9800 | Quarterly | Regular | +6.52% |
| Jan 31, 2022 | Feb 08, 2022 | $0.9750 | Quarterly | Regular | +7.14% |
| Nov 04, 2021 | Nov 10, 2021 | $0.9500 | Quarterly | Regular | +4.97% |
| Aug 04, 2021 | Aug 11, 2021 | $0.9400 | Quarterly | Regular | +4.44% |
| May 07, 2021 | May 14, 2021 | $0.9200 | Quarterly | Regular | +3.37% |
| Feb 01, 2021 | Feb 09, 2021 | $0.9100 | Quarterly | Regular | +2.82% |
| Nov 05, 2020 | Nov 12, 2020 | $0.9050 | Quarterly | Regular | +2.84% |
The cadence column is the tag our provider attached to that individual payment (fmp), not the security's established schedule. The two can disagree, which is why the cadence shown in the tiles above is only accepted after three consecutive payments were tagged the same way.
A blank comparison means there was no comparable payment within sixty days of the same point a year earlier — a new payer, a changed cadence, or a gap in the record. Special and one-off payments are labelled and are excluded from the comparison.
Distributions by calendar year
Calendar-year totals, bucketed by ex-dividend date: every regular distribution whose ex-dividend date fell in that year, for the last ten complete years on record. These are amounts actually paid, never a forward estimate, and they are not the issuer's own annual distribution figure.
The chart covers 10 complete calendar years for DKL, 2016 to 2025, per share, in USD. Each bar totals the regular distributions with an ex-dividend date in that calendar year. The year is assigned by ex-dividend date, which is not necessarily the issuer's own distribution year. Our stored payment history for DKL begins in 2012. The total went from $2.48 in 2016 to $4.45 in 2025 — 79% higher. Within that span 10 years were higher than the year before and 0 lower. The three most recent years shown are 2023 $4.12, 2024 $4.32 and 2025 $4.45. The current year is still in progress and is left out, and special or one-off payments are excluded. This is a record of what was paid, not a projection. Every year shown holds the 4 distributions a quarterly cadence implies, so no year on this chart is short or long because a payment shifted across a year end.
Each bar, and each row underneath it, is one calendar year of regular payments added together for a single share. Read left to right and you are reading whether the payment has grown, held or been cut — a record of what was paid, never a forecast of what will be. One thing to watch for: a year here is decided by the date the payment went ex, so when that date slips across a year end one year holds an extra payment and its neighbour is one short while the payment itself never moved. Any year where that has happened is drawn as a dashed bar and marked with an asterisk, and it is the usual reason these totals differ from the annual figure the issuer itself publishes.
| Year | Paid per share that yearEvery regular payment dated in that year, added up, for one share. | Payments in the yearA count that differs from the usual one means a payment moved across a year end. | Change on the year before |
|---|---|---|---|
| 2016 | $2.48 | 4 | +15.05% |
| 2017 | $2.79 | 4 | +12.27% |
| 2018 | $3.04 | 4 | +8.78% |
| 2019 | $3.36 | 4 | +10.71% |
| 2020 | $3.58 | 4 | +6.55% |
| 2021 | $3.72 | 4 | +3.91% |
| 2022 | $3.93 | 4 | +5.65% |
| 2023 | $4.12 | 4 | +4.96% |
| 2024 | $4.32 | 4 | +4.61% |
| 2025 | $4.45 | 4 | +3.13% |
Similar securities
The eight closest master limited partnership entries by trailing 12-month yield, in the same sector. A research screen, not a recommendation.
These are not the best-paying securities of this kind, and no ranking is meant by the order. They are the ones whose trailing 12-month yield sits nearest to this one, in the same structure and usually the same sector, so that this security can be seen in company rather than on its own. Every figure here is backward-looking cash that has already been paid. A row that sits well away from the rest is a question to take to that security's own page, not an answer.
| Ticker | Name | Price | Trailing 12m yieldCash paid out over the last year, over today's price. | Paid over 12 months | Pays |
|---|---|---|---|---|---|
| HESM | Hess Midstream LP | $39.08 | 7.90% | $3.09 | Quarterly |
| USAC | USA Compression Partners, LP | $26.76 | 7.85% | $2.10 | Quarterly |
| CAPL | CrossAmerica Partners LP | $23.00 | 9.13% | $2.10 | Quarterly |
| WES | Western Midstream Partners, LP | $47.94 | 7.68% | $3.68 | Quarterly |
| MPLX | MPLX Lp | $58.36 | 7.38% | $4.31 | Quarterly |
| SPH | Suburban Propane Partners, L.P. | $17.63 | 7.37% | $1.30 | Quarterly |
| PAA | Plains All American Pipeline, L.P. | $24.70 | 6.61% | $1.63 | Quarterly |
| ET | Energy Transfer LP | $21.02 | 6.40% | $1.34 | Quarterly |
Every row in this table is on the same basis — cash actually paid per share over the last 365 days, divided by that security's last price — so the column can be read down. Forward estimates are deliberately not used here, because they exist for some securities and not others and a mixed column would invite a comparison that does not hold. A dash means no payment was recorded in the last 365 days, or no price is on file. Open a security to see both of its yields.