HollyFrontier (HFC) Declares $0.33 Quarterly Dividend; 2.8% Yield

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Go back to HollyFrontier (HFC) Declares $0.33 Quarterly Dividend; 2.8% Yield

HollyFrontier Corporation Reports Quarterly Net Income and Announces Regular Cash Dividend

August 5, 2015 7:30 AM EDT

DALLAS--(BUSINESS WIRE)-- HollyFrontier Corporation (NYSE: HFC) (HollyFrontier or the Company) today reported second quarter net income attributable to HollyFrontier stockholders of $360.8 million or $1.88 per diluted share for the quarter ended June 30, 2015, compared to $176.4 million or $0.89 per diluted share for the quarter ended June 30, 2014. Included in the current quarter results was a non-cash inventory valuation adjustment that increased earnings by $82.7 million, after-tax, or $0.43 per share.

HollyFrontier also announced today that its Board of Directors declared a regular quarterly dividend of $0.33 per share. This dividend will be paid on September 25, 2015 to holders of record of common stock on... More