Holly Energy Partners, L.P. (HEP) Raises Quarterly Dividend 0.8% to $0.65; 8.1% Yield
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Holly Energy Partners Announces 53rd Consecutive Quarterly Distribution Increase, 2018 Distribution and Coverage Guidance, and Private Placement of Common Equity
January 26, 2018 6:30 AM ESTIncreases quarterly distribution to $0.6500 per unit from $0.6450 per unit
DALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE: HEP) has declared a cash distribution of $0.6500 per unit for the fourth quarter of 2017, compared to the $0.6075 per unit distribution declared for the fourth quarter of 2016. Holly Energy has increased its distribution to unitholders every quarter since becoming a publicly-traded partnership in July 2004, with todays distribution marking the 53rd consecutive quarterly distribution increase. The distribution will be paid on February 14, 2018 to unitholders of record on February 5, 2018.
In 2018,... More
