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.

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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.

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