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Delek Logistics' distribution streak now faces its real test

DKL's 8.3% yield and 54-quarter distribution streak look sturdy, but the August offering added 4.6 million units before its promised growth arrived. The payout now needs project EBITDA to outrun dilution, and the latest coverage, leverage, and earnings signals do not clear that bar yet.

Aug 20, 2026·5 MIN

Midstream Income Investing

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Delek Logistics' distribution streak now faces its real test

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