Holly Energy Partners, L.P. (HEP) Declares $0.35 Quarterly Dividend; 7.9% Yield
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Holly Energy Partners Announces Quarterly Distribution of $0.35 Per LP Unit
January 21, 2022 4:15 PM ESTDALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE: HEP) has declared a cash distribution of $0.35 per unit for the fourth quarter of 2021. The distribution will be paid on February 11, 2022 to unitholders of record on February 1, 2022.
In 2022, HEP expects to hold the quarterly distribution constant at $0.35 per unit, or $1.40 on an annualized basis. HEP remains committed to its distribution strategy focused on funding all capital expenditures and distributions within operating cash flow and maintaining distributable cash flow of 1.3x or greater with the goal of... More
