Holly Energy Partners Increases Quarterly Distribution; 55th Consecutive Quarterly Distribution Increase
Holly Energy Partners, L.P. (HEP)
Last holly energy partners, l.p. earnings: 2/19 06:30 am
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Source: Business Wire
Increases quarterly distribution to $0.6600 per unit from $0.6550 per unit DALLAS--(BUSINESS WIRE)-- The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.6600 per unit for the second quarter of 2018, a 4.3% increase compared to the $0.6325 per unit distribution declared for the second quarter of 2017. Holly Energy has increased its distribution to unitholders every quarter since becoming a publicly-traded partnership in July 2004, with today’s distribution marking the 55th consecutive quarterly distribution increase. The distribution will be paid on August 9, 2018 to unitholders of record on July 30, 2018. Holly Energy plans to announce results for its second quarter of 2018 on August 1, 2018 before the opening of trading on the NYSE. Holly Energy has scheduled a webcast at 4 p.m. Eastern time that day to discuss financial results.
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