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Delek Logistics Partners (DKL) will raise its quarterly distribution to $0.655 per unit.

The third quarter 2016 cash distribution is payable on November 14, 2016 to unitholders of record on November 7, 2016.

Delek Logistics Partners, a master limited partnership formed by Delek US Holdings, Inc. (DK) to own, operate, acquire and construct crude oil and refined products logistics and marketing assets, currently has a 10.6% estimated dividend yield.