A Growing Energy Play With a 10% Yield

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View in browser SPONSORED [Revealed] Is A Starlink IPO Coming In 2025? Take a look at this tweet from Musk pictured here. Could this be a sign that a Starlink IPO is set for the first half of 2025? According to one top venture capitalist, the answer is YES! And for the first time ever, you have the rare chance to profit pre-IPO... BEFORE Starlink goes public. Click here now for all of the details. Editor's Note: Have you heard about Chief Income Strategist Marc Lichtenfeld's "Ultimate Passive Income Play"? It's a way to collect monthly income over and over again for life... while banking huge capital gains. Plus - just like today's Safety Net stock - it's in the energy sector, which has been one of the top performers so far this year. Details here. - James Ogletree, Managing Editor SAFETY NET Delek Logistics Partners: A Growing Energy Play With a 10% Yield Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Delek Logistics Partners (NYSE: DKL) is a Tennessee-based master limited partnership with 850 miles of oil pipelines and other energy-related assets. Its most recent distribution (partnerships' dividends are called distributions) in February was $1.105 per share. Annualized, that comes out to an impressive 10.2% yield. Can investors rely on that sky-high yield going forward? Last year, Delek's distributable cash flow, or DCF, was $256 million, up slightly from $248 million the year before. This year, DCF is forecast to be $263 million - another small increase. In 2024, the partnership paid out $205 million in distributions for an 80% payout ratio. This year, the payout ratio is forecast to inch higher to 81%. View larger image   SPONSORED Get Marc's Top 5 Dividend Stocks (FREE PICKS) World-renowned income expert Marc Lichtenfeld just released his Ultimate Dividend Package. Inside, you'll find his TOP FIVE dividend stocks right now. And today, he's giving you this package... completely free of charge! To get your FREE dividend recommendations, click here now. If this were a normal corporation, an 80% payout ratio would be a problem. In most cases, I like to see payout ratios of 75% or lower. However, master limited partnerships are different. They are required by law to pay out 90% or more of their profits in distributions. Profits are not the same as DCF, but the 90% requirement means that MLPs often end up paying out a significant portion of their DCF. As a result, their payout ratios are typically higher than other companies'. When it comes to MLPs, I'm comfortable with payout ratios as high as 100%. So Delek's 80% or 81% payout ratio is perfectly fine. So far, the partnership's 10.2% yield is looking quite strong. Can it earn Safety Net's first "A" grade of 2025? Click Here to Find Out BUILD AND PROTECT YOUR WEALTH Exploiting Wall Street's "Hidden Calendar Quirk" How to Stand Strong in a Treacherous Market New IPO Signs MAJOR Deal with Apple Until 2040. Will It Be the Next Trillion Dollar Company? How to Get Started in Real Estate with Minimal Capital MORE FROM WEALTHY RETIREMENT The #1 Question Every Investor Should Be Asking 4 Stocks That Look Like Bargains Right Now 10 Fundamental Truths Every Investor Should Know Arbor Realty Trust: An Update on This Popular 14% Yielder Facebook LinkedIn Email Share Push Alert SPONSORED Yours Free! Top FIVE Dividend Stocks Right Now Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Ultimate Dividend Package... completely free of charge! You'll discover... An "A"-rated, ultra-safe dividend stock with a huge 8% yield Three of Marc's favorite "Extreme Dividend" stocks, which could supercharge your income And finally, Marc's No. 1 dividend stock for a LIFETIME of income. Click here to get the names and ticker symbols now... before the download link expires. **NO CREDIT CARD REQUIRED!** You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. Privacy Policy | Whitelist Wealthy Retirement | Unsubscribe © 2025 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 877.808.9795 | International: +1.443.353.4621 Oxfordclub.com Nothing published by The Oxford Club should be considered personalized investment advice. 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