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 8.49% 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:
Looking at the chart above, DKL's low point in its 52 week range is $37.50 per share, with $55.89 as the 52 week high point — that compares with a last trade of $53.14.
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According to the ETF Finder at ETF Channel, DKL makes up 1.99% of the Global X SuperDividend U.S. ETF (Symbol: DIV) which is trading lower by about 0.1% on the day Friday. (see other ETFs holding DKL).
In Friday trading, Delek Logistics Partners LP shares are currently up about 0.1% on the day.
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Also see:
Larry Robbins Stock Picks TLRA Historical Stock Prices
Yield Charts
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
