Holly Energy Partners Dividend
Dividend criteria checks 4/6
Holly Energy Partners is a dividend paying company with a current yield of 6.85% that is well covered by earnings.
Key information
6.8%
Dividend yield
74%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.89 |
| Dividend yield forecast in 3Y | 8.1% |
Recent dividend updates
Recent updates
Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens
Oct 04Holly Energy Partners: Excellent Prospects Driven By High Economic Leverage On Capital Deployed
Sep 22Holly Energy Partners: High Yield But Sustainable
Jun 21Holly Energy Partners Q4 2022 Earnings Preview
Feb 23Holly Energy Partners declares $0.35 dividend
Jan 20Holly Energy Partners: The Scene Is Set For Higher Distributions
Jan 05Holly Energy Partners Q3 2022 Earnings Preview
Nov 04Holly Energy Partners declares $0.35 dividend
Oct 20Holly Energy Partners Q2 2022 Earnings Preview
Aug 05Holly Energy Partners declares $0.35 dividend
Jul 21Holly Energy Partners: Higher Yield Coming After Sinclair Acquisition, 10%+ Possible
May 11The 8.2% Distribution Yield Of Holly Energy Partners Is Ideal Amid High Inflation
Feb 24Holly Energy Partners: The Great Deal, Buy Their 8%+ Yield And Get Any Growth For Free
Dec 07All MLP Investors Should Have This Name In Their Portfolio: Holly Energy Partners
Sep 20The 6.5% Distribution Yield Of Holly Energy Partners Is Safe
Jul 21Holly Energy Partners: The 10% Yield Still Looking Healthy In 2021
Dec 21Holly Energy Partners upped at Credit Suisse on cash flow yield
Nov 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HEP's dividend payments have been volatile in the past 10 years.
Growing Dividend: HEP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Holly Energy Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HEP) | 6.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (HEP) | 8.1% |
Notable Dividend: HEP's dividend (6.85%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: HEP's dividend (6.85%) is in the top 25% of dividend payers in the US market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.1%), HEP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.1%), HEP's dividend payments are covered by cash flows.