Delek Logistics declared a quarterly cash distribution for Q1 of $1.07 per common limited partner unit, or $4.28 on an annualized basis. This distribution represents a 4.4% increase over the Q1 distribution of $1.025 per common limited partner unit. The Q1 cash distribution is payable on May 15 to unitholders of record on May 8. Delek Logistics is also filing a “shelf” registration statement with the SEC to provide up to $500M of additional financial flexibility going forward.
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