Reminder - Delek Logistics Partners (DKL) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, Delek Logistics Partners LP (DKL) will trade ex-dividend, for its quarterly dividend of $0.655, payable on 11/14/16. As a percentage of DKL's recent stock price of $24.07, this dividend works out to approximately 2.72%, so look for shares of Delek Logistics Partners LP to trade 2.72% lower — all else being equal — when DKL shares open for trading on 11/3/16.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for DKL, showing historical dividends prior to the most recent $0.655 declared by Delek Logistics Partners LP:

DKL+Dividend+History+Chart

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 10.88% 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 $21.84 per share, with $38.00 as the 52 week high point — that compares with a last trade of $23.90.

According to the ETF Finder at ETF Channel, DKL makes up 1.80% of the SuperDividend U.S. ETF ( DIV) which is trading lower by about 0.6% on the day Tuesday.

In Tuesday trading, Delek Logistics Partners LP shares are currently down about 2.9% on the day.

More from Stocks

Tesla Received Tip That Former Employee Was Going to 'Shoot the Place Up'

Tesla Received Tip That Former Employee Was Going to 'Shoot the Place Up'

Stocks Tumble as Dow Heads for Eighth Straight Drop

Stocks Tumble as Dow Heads for Eighth Straight Drop

Jim Cramer: Williams Sonoma Is a Digitized Play

Jim Cramer: Williams Sonoma Is a Digitized Play

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Jim Cramer Weighs In on Intel CEO Resignation

Jim Cramer Weighs In on Intel CEO Resignation