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HEP

HEP Ex-Dividend Reminder - 7/31/20

Looking at the universe of stocks we cover at Dividend Channel, on 7/31/20, Holly Energy Partners LP (Symbol: HEP) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 8/13/20. As a percentage of HEP's recent stock price of $13.44, this dividend works out to approximately 2.60%, so look for shares of Holly Energy Partners LP to trade 2.60% lower — all else being equal — when HEP shares open for trading on 7/31/20.

HEP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HEP is likely to continue, and whether the current estimated yield of 10.42% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HEP shares, versus its 200 day moving average:

Kimco Realty Corp 200 Day Moving Average Chart

Looking at the chart above, HEP's low point in its 52 week range is $6.57 per share, with $29.49 as the 52 week high point — that compares with a last trade of $13.44.

In Wednesday trading, Holly Energy Partners LP shares are currently off about 0.2% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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