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) | 4.1% |
| 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 03:34 |
| 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 here.
Analysis Model and Snowflake
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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 .
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 |