Holly Energy Partners, L.P. (HEP) Raises Quarterly Dividend 2% to $0.6450; 7.9% Yield
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Holly Energy Partners Increases Quarterly Distribution; 52nd Consecutive Quarterly Distribution Increase
October 26, 2017 4:15 PM EDTIncreases quarterly distribution to $0.6450 per unit from $0.6325 per unit
DALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE: HEP) has declared a cash distribution of $0.6450 per unit for the third quarter of 2017, an 8.4% increase compared to the $0.5950 per unit distribution declared for the third quarter of 2016. Todays distribution is reflective of the companys strong and stable cash generation. Holly Energy has increased its distribution to unitholders every quarter since becoming a publicly-traded partnership in July 2004, with todays distribution marking the 52nd consecutive quarterly... More
