Delek Logistics Partners About To Put More Money In Your Pocket (DKL)

Looking at the universe of stocks we cover at Dividend Channel, on 5/3/13, Delek Logistics Partners LP ( DKL) will trade ex-dividend, for its quarterly dividend of $0.385, payable on 5/15/13. As a percentage of DKL's recent stock price of $30.20, this dividend works out to approximately 1.27%, so look for shares of Delek Logistics Partners LP to trade 1.27% lower — all else being equal — when DKL shares open for trading on 5/3/13.

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Below is a dividend history chart for DKL, showing historical dividends prior to the most recent $0.385 declared by Delek Logistics Partners LP:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DKL is likely to continue, and whether the current estimated yield of 5.10% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DKL shares, versus its 200 day moving average:

Delek Logistics Partners LP 200 Day Moving Average Chart

Looking at the chart above, DKL's low point in its 52 week range is $20.52 per share, with $31.19 as the 52 week high point — that compares with a last trade of $30.20.

In Wednesday trading, Delek Logistics Partners LP shares are currently trading flat on the day.