Delek Logistics Strengthens Capital Base to Ensure Long-Term Dividend Stability

Reported 1 day ago

Delek Logistics Partners, LP has announced an upsized offering of $700 million in senior notes to enhance its capital structure. This initiative aims to support its ongoing dividend payments, which have seen 12 consecutive years of growth. The company, which specializes in midstream energy services, received a Hold rating from Mizuho Securities, indicating a positive outlook for its stock as it continues to provide investment opportunities for shareholders.

Source: YAHOO

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