Holly Energy Partners L.P. (HEP) Raises Quarterly Dividend 1.2% to $0.875; 6.3% Yield

Holly Energy Partners L.P. (NYSE: HEP) declared a quarterly dividend of $0.875 per share, or $3.5 annualized. This is a 1.2% increase from the prior dividend of $0.865.

The dividend will be payable on November 14, 2011, to stockholders of record on November 7, 2011, with an ex-dividend date of November 3, 2011.

The annual yield on the dividend is 6.3 percent.

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