Holly Energy Partners, L.P. (HEP) Raises Quarterly Dividend 0.4% to $0.67; 9.5% Yield
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Holly Energy Partners Increases Quarterly Distribution; 58th Consecutive Quarterly Distribution Increase
April 18, 2019 4:15 PM EDTIncreases quarterly distribution to $0.6700 per unit from $0.6675 per unit
DALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE: HEP) has declared a cash distribution of $0.6700 per unit for the first quarter of 2019, compared to the $0.6550 per unit distribution declared for the first quarter of 2018. Holly Energy has increased its distribution to unitholders every quarter since becoming a publicly-traded partnership in July 2004, with todays distribution marking the 58th consecutive quarterly distribution increase. The distribution will be paid on May 14, 2019 to unitholders of record on April 29, 2019.
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