HollyFrontier (HFC) Declares $0.33 Quarterly Dividend; 2.7% Yield

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HollyFrontier Corporation Announces Regular Cash Dividend

November 11, 2015 4:41 PM EST

DALLAS--(BUSINESS WIRE)-- HollyFrontier Corporation (NYSE: HFC) ("HollyFrontier") announced today that its Board of Directors declared a regular quarterly dividend in the amount of $0.33 per share, payable on December 30, 2015 to holders of record of common stock on December 4, 2015.

Mike Jennings, CEO and President of HollyFrontier, commented, "The $0.33 per share quarterly dividend puts our dividend yield at 2.7% as of todays closing price of $49.47. Todays dividend declaration reflects the Boards continued commitment to returning cash to shareholders through dividends and our recently announced $1 billion share repurchase program. We intend to maintain both a... More