This company has been acquired
Holly Energy Partners Dividends and Buybacks
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
0.07%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 8.1% |
| Dividend Growth | -3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 74% |
Recent dividend and buyback 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) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast (HEP) (up to 3 years) | 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/02 19:21 |
| End of Day Share Price | 2023/11/30 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Holly Energy Partners, L.P. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yim Cheng | Barclays |
| Stewart Glickman | CFRA Equity Research |
| Douglas Irwin | Citigroup Inc |