Holly Energy Partners LP (Holly Energy Partners LP) Dividend Payout Ratio : 0.71 (As of Sep. 2023)

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What is Holly Energy Partners LP Dividend Payout Ratio?

Holly Energy Partners LP's dividend payout ratio for the months ended in Sep. 2023 was 0.71.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Holly Energy Partners LP is 0.74, which seems too high.

The historical rank and industry rank for Holly Energy Partners LP's Dividend Payout Ratio or its related term are showing as below:

HEP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.37 Max: 2.27
Current: 0.74

During the past 13 years, the highest Dividend Payout Ratio of Holly Energy Partners LP was 2.27. The lowest was 0.73. And the median was 1.37.

HEP's Dividend Payout Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.44 vs HEP: 0.74

As of today (2024-04-25), the Dividend Yield % of Holly Energy Partners LP is 6.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Holly Energy Partners LP was 25.76%. The lowest was 4.12%. And the median was 7.34%.

Holly Energy Partners LP's Dividends per Share for the months ended in Sep. 2023 was $0.35.

During the past 3 years, the average Dividends Per Share Growth Rate was -19.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -13.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Holly Energy Partners LP was 85.60% per year. The lowest was -19.50% per year. And the median was 5.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Holly Energy Partners LP Dividend Payout Ratio Historical Data

The historical data trend for Holly Energy Partners LP's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Holly Energy Partners LP Dividend Payout Ratio Chart

Holly Energy Partners LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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1.55

1.49

0.95

0.75

0.73

Holly Energy Partners LP Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.07	0.65	0.78	0.88	0.71

Competitive Comparison of Holly Energy Partners LP's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Holly Energy Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Holly Energy Partners LP's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Holly Energy Partners LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Holly Energy Partners LP's Dividend Payout Ratio falls into.

Holly Energy Partners LP Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Holly Energy Partners LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	1.4	/	1.92
	=	0.73

Holly Energy Partners LP's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.35	/	0.494
	=	0.71

Holly Energy Partners LP (NYSE:HEP) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Holly Energy Partners LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Holly Energy Partners LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Holly Energy Partners LP (Holly Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Holly Energy Partners LP (NYSE:HEP) » Definitions » Dividend Payout Ratio

Comparable Companies

VNOM NS INSW STNG GLNG HESM PAGP KNTK LPG TNK TSX:ENB EPD ET WMB LNG OKE KMI TSX:TRP MPLX CQP

Traded in Other Exchanges

N/A

Address

2828 N. Harwood, Suite 1300, Dallas, TX, USA, 75201-1507

Website

http://www.hollyenergy.com

Holly Energy Partners LP operates a network of refined products and crude oil pipelines, with attendant terminal assets, in several western and southwestern states. The company has two reportable segments namely Pipelines and Terminals and Refinery Processing Unit. It generates maximum revenue from the Pipelines and Terminals segment.

Executives

Robert I Jamieson	officer: SVP and COO	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Mark A Petersen	director	550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Hf Sinclair Corp	10 percent owner, other: See remarks	2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Sinclair Companies	10 percent owner	550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Carol Holding	10 percent owner	550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
James H Lee	director	10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Larry R Baldwin	director	2828 N. HARWOOD STREET, SUITE 1300, DALLAS TX 75201
Michael Jennings	director	10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Kenneth Norwood	officer: VP and Controller	2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Harrison John Wayne Jr	officer: SVP, CFO and Treasurer	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Vaishali S. Bhatia	officer: SVP, General Counsel & Sec	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Eric L Mattson	director	C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Christine B Lafollette	director	2828 N. HARWOOD, SUITE 1300, DALLAS X1 75201
Richard Kevin Hardage	director	2626 COLE AVE SUITE 705, DALLAS TX 75209
Holly Refining & Marketing Co - Woods Cross Llc	other: See Footnotes	2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201