Reported Earlier, Delek Logistics Partners Increased Its Quarterly Cash Distribution To $1.10 Per Unit From $1.09 In Prior Quarter, Payable November 14
Portfolio Pulse from Benzinga Newsdesk
Delek Logistics Partners, LP (NYSE:DKL) announced an increase in its quarterly cash distribution to $1.10 per unit, up from $1.09, payable on November 14, 2024.
October 30, 2024 | 8:00 am
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Delek Logistics Partners has increased its quarterly cash distribution to $1.10 per unit, indicating a positive outlook for income-focused investors.
The increase in cash distribution suggests a strong financial position and commitment to returning value to shareholders, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100