Holly Energy Partners, L.P. (HEP) Raises Quarterly Dividend 5.6% to $0.6550; 9.1% Yield

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Go back to Holly Energy Partners, L.P. (HEP) Raises Quarterly Dividend 5.6% to $0.6550; 9.1% Yield

Holly Energy Partners Increases Quarterly Distribution; 54th Consecutive Quarterly Distribution Increase

April 19, 2018 4:15 PM EDT

Increases quarterly distribution to $0.6550 per unit from $0.6500 per unit

DALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE: HEP) has declared a cash distribution of $0.6550 per unit for the first quarter of 2018, a 5.6% increase compared to the $0.6200 per unit distribution declared for the first quarter of 2017. 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 54th consecutive quarterly... More