Holly Energy Partners, L.P. (HEP) Raises Quarterly Dividend 0.8% to $0.6650; 8.7% Yield
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Holly Energy Partners Increases Quarterly Distribution; 56th Consecutive Quarterly Distribution Increase
October 19, 2018 4:15 PM EDTIncreases quarterly distribution to $0.6650 per unit from $0.6600 per unit
DALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE: HEP) has declared a cash distribution of $0.6650 per unit for the third quarter of 2018, a 3.1% increase compared to the $0.6450 per unit distribution declared for the third quarter of 2017. Holly Energy has increased its distribution to unitholders every quarter since becoming a publicly-traded partnership in July 2004, with todays distribution marking the 56th consecutive quarterly distribution increase. The distribution will be paid on November 8, 2018 to unitholders of record on October 29, 2018.... More
