Delek Logistics

DKL

Market cap $2.33B

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street left these 8.5% to 16.6% yields for dead. But their next dividend raises may show that these patients have a pulse—and send these prices higher before year-end.

I discuss several dividend stocks yielding 10%+ that I believe remain undervalued. Strong balance sheets and reliable cash flows make these payouts sustainable. This provides a rare chance to lock in high income before the market reprices them.

Delek Logistics Partners (DKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Investors love dividend stocks, especially those with ultra-high yields, because they provide a substantial passive income stream and offer significant total return potential.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Here is how Delek Logistics Partners, L.P. (DKL) and Galp Energia SGPS SA (GLPEY) have performed compared to their sector so far this year.

The dividend yield on the S&P 500 is near a record low of less than 1.2%. However, while most stocks offer low dividend yields these days, there are some outliers.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Weaker external aspects continue to affect its throughputs, but its increasing exposure to third-party clients offers more growth opportunities. Its robust liquidity assures its business and cash distribution sustainability while positioning it for potential opportunities in the natural gas market. Valuation remains attractive with its upside potential and high dividend/distribution yield.