About PBF Logistics LP (PBFX) — Dividend Analysis 2026
PBF Logistics LP owns, leases, acquires, develops, and operates crude oil and refined petroleum products terminals, pipelines, storage facilities, and other logistics assets in the United States. It operates in two segments, Transportation and Terminaling; and Storage. The company's assets include the DCR rail terminal, a double loop track with ancillary pumping and unloading equipment; the Toledo Truck Terminal, a crude truck unloading terminal; the DCR West Rack, a heavy crude oil rail unloading facility at the Delaware city refinery; and the Toledo storage facility, which includes a propane storage and loading facility. Its assets also comprise the DCR products pipeline, an interstate petroleum products pipeline; the DCR truck rack, a truck loading rack; the San Joaquin Valley pipeline system and Paulsboro natural gas pipeline; the Toledo rail products facility, a loading and unloading rail facility; the Chalmette truck rack, a truck loading rack facility; the Chalmette rosin yard, a rail yard facility; the Paulsboro lube oil terminal, a lube oil terminal facility; and the Delaware ethanol storage facility, an ethanol storage facility. In addition, the company is involved in receiving, handling, storing, and transferring crude oil, refined products, natural gas, and intermediates. PBF Logistics LP was founded in 2012 and is headquartered in Parsippany, New Jersey.
Is PBFX a good dividend investment in 2026?
PBFX offers a 74.55% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of -50% is modest — investors should weigh current income against growth alternatives.
PBFX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your PBFX portfolio grows to $69.0K vs $48.6K without reinvestment. This is the compound interest effect in action.
PBFX dividend growth history & forecast
PBFX has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 74.55%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 PBFX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold PBFX.
Gross yield
74.55%
Tax rate
15.00%
After-tax yield
63.37%
Real yield (−CPI)
60.57%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
74.55%
71.75%
$7,455 / yr
🇺🇸 US Taxable (15%) ✓
15%
63.37%
60.57%
$6,337 / yr
🇺🇸 US Taxable (20%)
20%
59.64%
56.84%
$5,964 / yr
🇬🇧 UK ISA
0%
74.55%
71.75%
$7,455 / yr
🇬🇧 UK Taxable
8.75%
68.03%
65.23%
$6,803 / yr
🇨🇦 TFSA
0%
74.55%
71.75%
$7,455 / yr
🇨🇦 CA Taxable
25%
55.91%
53.11%
$5,591 / yr
🇦🇺 Super (pension)
15%
63.37%
60.57%
$6,337 / yr
🇦🇺 AU Taxable
30%
52.18%
49.38%
$5,218 / yr
🇩🇪 DE Taxable
26.375%
54.89%
52.09%
$5,489 / yr
🇫🇷 FR Taxable
30%
52.18%
49.38%
$5,218 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 PBFX Income Goal & Break-Even
Dividend Break-Even
3yr
Years for dividends to fully repay your PBFX investment of $19.90/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$7.5K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$5.0K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in PBFX for:
Shares needed
1,904
Capital required
$37,890
Monthly income
$2,000
Based on current dividend of $14.83/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 PBFX Dividend Payment Schedule
PBFX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$31.52 / payment
$126.10 / year after tax
100 shares
$315.24 / payment
$1260.97 / year after tax
1,000 shares
$3152.44 / payment
$12609.75 / year after tax
📊 PBFX vs Energy Benchmarks
How PBFX compares to typical Energy averages.
Benchmark: Energy
Dividend Yield▲+69.95% vs sectorBetter
PBFX
74.55%
avg
4.60%
5Y Dividend CAGR▼-55.80% vs sectorBelow avg
PBFX
-50.00%
avg
5.80%
Payout Ratio▲-2.00% vs sectorBetter
PBFX
50.00%
avg
52.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for PBFX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ PBFX Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the PBFX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →