Holly Energy Partners, L.P. ( HEP ) will begin trading ex-dividend on October 31, 2013. A cash dividend payment of $0.4925 per share is scheduled to be paid on November 14, 2013. Shareholders who purchased HEP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.55% increase over the prior quarter. At the current stock price of $32.07, the dividend yield is 6.14%.
The previous trading day's last sale of HEP was $32.07, representing a -28.57% decrease from the 52 week high of $44.90 and a 6.22% increase over the 52 week low of $30.19.
HEP is a part of the Energy sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). HEP's current earnings per share, an indicator of a company's profitability, is $1.15. Zacks Investment Research reports HEP's forecasted earnings growth in 2013 as -23.97%, compared to an industry average of 1%.
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