$1.13 payout set for Delek Logistics (NYSE: DKL) unitholders
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Delek Logistics Partners, LP declared a higher quarterly cash distribution for the first quarter of 2026, increasing the payout to $1.13 per common limited partner unit, or $4.52 per unit on an annualized basis.
The distribution will be paid on May 11, 2026 to unitholders of record on May 4, 2026. Delek Logistics is a midstream energy master limited partnership providing gathering, pipeline, transportation, storage, marketing, terminalling, water disposal and recycling services, primarily in the Permian Basin, Delaware Basin and Gulf Coast region.
The partnership also notes that 100% of its distributions to foreign investors are treated as income effectively connected with a U.S. trade or business and are subject to U.S. federal withholding tax at the highest applicable rate.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly distribution per unit: $1.13 per common limited partner unit
Annualized distribution: $4.52 per common limited partner unit
Payment date: May 11, 2026
+2 more
5 metrics
Quarterly distribution per unit
$1.13 per common limited partner unit
Declared for first quarter 2026
Annualized distribution
$4.52 per common limited partner unit
Based on Q1 2026 quarterly rate
Payment date
May 11, 2026
Cash distribution payable date for Q1 2026
Record date
May 4, 2026
Unitholders of record entitled to Q1 2026 distribution
Foreign investor withholding
100% of distributions subject
All distributions treated as effectively connected U.S. income
Key Terms
quarterly cash distribution, master limited partnership, record date, forward-looking statements, +2 more
6 terms
quarterly cash distribution financial
"today declared its quarterly cash distribution for the first quarter 2026 of $1.13 per common limited partner unit"
A quarterly cash distribution is a cash payment made to shareholders or investors every three months, drawn from a company’s or fund’s income, profits, or reserves. Think of it like a regular paycheck from an investment: it provides predictable income and signals how much cash a business or fund is returning to owners, which helps investors assess yield, cash flow health, and whether payments are sustainable over time.
master limited partnership financial
"Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee"
A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.
record date financial
"payable on May 11, 2026, to unitholders of record on May 4, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
forward-looking statements regulatory
"Statements concerning future distributions, including the amounts and timing thereof, current estimates, expectations or projections about future distributions ... are "forward-looking statements""
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
qualified notice regulatory
"This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d)"
A qualified notice is a formal communication that meets the specific wording, timing and delivery rules set out in a contract, corporate policy or law so it is legally effective. Think of it like a certified letter that ticks every checkbox required by an agreement. Investors care because only a qualified notice can trigger rights or changes — such as deadlines, payments, defaults or board actions — and thus can materially affect a company’s obligations and share value.
effectively connected with a United States trade or business financial
"100 percent of Delek Logistics Partners, LP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business"
A tax status describing when income earned by a foreign person or entity is treated as tied to active business operations inside the United States. If income is 'effectively connected' to a U.S. trade or business, it is usually taxed like domestic business income rather than as passive foreign-sourced income; think of it as income earned by someone who has a real storefront or employees inside the U.S. rather than just selling from afar. Investors care because this classification changes tax rates, reporting requirements, and after-tax returns on U.S.-linked activities.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
 | |||||||||||
(Address of Principal Executive) | (Zip Code) | ||||||||||
(615 ) 771-6701
(Registrant’s telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 8.01 Other Information
On April 23, 2026, Delek Logistics Partners, LP (the “Partnership”) issued a press release announcing the declaration of its quarterly distribution for the first quarter of 2026. A copy of the Partnership's press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits. | |||||||
99.1 | Press Release of Delek Logistics Partners, LP issued on April 23, 2026. | |||||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 23, 2026 | DELEK LOGISTICS PARTNERS, LP | ||||
By: Delek Logistics GP, LLC | |||||
its general partner | |||||
/s/ Robert Wright | |||||
Name: Robert Wright | |||||
Title: Executive Vice President and Chief Financial Officer (Principal Financial Officer) | |||||
Exhibit 99.1
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.13 per Common Limited Partner Unit
BRENTWOOD, Tenn., April 23, 2026 -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2026 of $1.13 per common limited partner unit, or $4.52 per common limited partner unit on an annualized basis. The first quarter 2026 cash distribution is payable on May 11, 2026, to unitholders of record on May 4, 2026.
About Delek Logistics Partners, LP
Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region, Delek Logistics provides gathering, pipeline, transportation, and other services for its customers in crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling, water disposal, and recycling.
Delek US Holdings, Inc. (NYSE: DK) owns the general partner interest as well as a majority limited partner interest in Delek Logistics and is also a significant customer.
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Statements concerning future distributions, including the amounts and timing thereof, current estimates, expectations or projections about future distributions, future financial flexibility, results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are "forward-looking statements," within the meaning of federal securities laws. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and investors are cautioned that risks described in Delek Logistics’ filings with the United States Securities and Exchange Commission, among others, could cause actual performance or results to differ materially from those expressed in the statements. There can be no assurance that actual results will not differ from those expected by management or described in forward-looking statements. Delek Logistics undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Delek Logistics becomes aware of, after the date hereof.
Tax Considerations
This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of Delek Logistics Partners, LP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Delek Logistics Partners, LP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate for individuals or corporations, as applicable. Nominees, and not Delek Logistics Partners, LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.
Investor Relations and Media/Public Affairs Contact:
investor.relations@delekus.com
FAQ
What quarterly distribution did Delek Logistics Partners (DKL) declare for Q1 2026?
Delek Logistics declared a quarterly cash distribution of $1.13 per common limited partner unit for the first quarter of 2026. This equates to $4.52 per unit on an annualized basis, reflecting the partnership’s stated increase in its regular cash payout to unitholders.
When will Delek Logistics Partners (DKL) pay the Q1 2026 cash distribution?
The Q1 2026 cash distribution will be paid on May 11, 2026. Unitholders must be on record by May 4, 2026 to receive the payment, meaning investors holding units as of that record date will qualify for the announced cash distribution.
How are Delek Logistics Partners (DKL) distributions taxed for foreign investors?
The partnership states that 100% of its distributions to foreign investors are treated as income effectively connected with a U.S. trade or business. As a result, all such distributions are subject to U.S. federal income tax withholding at the highest applicable effective rate for individuals or corporations.
What type of business is Delek Logistics Partners (DKL)?
Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. It provides gathering, pipeline, transportation, storage, wholesale marketing, terminalling, and water disposal and recycling services, primarily in and around the Permian Basin, Delaware Basin, and other Gulf Coast areas.
What is Delek US Holdings’ relationship with Delek Logistics Partners (DKL)?
Delek US Holdings, Inc. owns the general partner interest in Delek Logistics and also holds a majority limited partner interest. In addition to this ownership stake, Delek US Holdings is described as a significant customer of Delek Logistics’ midstream services.
Why did Delek Logistics describe this release as a qualified notice for tax purposes?
The release is intended as a qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d). This informs nominees and foreign investors that all distributions are effectively connected income, so nominees act as withholding agents and must withhold U.S. federal tax at the highest effective rate.