HollyFrontier (HFC) Declares $0.33 Quarterly Dividend; 5% Yield
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HollyFrontier Corporation Announces Regular Cash Dividend
November 9, 2016 4:30 PM ESTDALLAS--(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 16, 2016 to holders of record of common stock on November 28, 2016.
George Damiris, CEO and President of HollyFrontier commented, "The $0.33 per share quarterly dividend puts our dividend yield at 5.0% as of todays closing price of $26.20. Todays dividend declaration reflects the Boards continued commitment to returning cash to shareholders. We intend to maintain both a competitive dividend yield and total cash yield relative to our peer group.
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