Holly Energy Partners owns and operates a system of pipelines and distribution terminals in the western United States. The partnership currently pays out 35 cents quarterly distribution ($1.40 per unit annually), which gives it a 11.5% yield at the current stock price. For the second quarter, distribution coverage for Holly Energy Partners was 1.5X, implying a 90% cushion for future payouts.
PE of 6 Yld 10%) ) ) )- HEP $- $13.
PE of 6 Yld 10%) ) ) )- HEP $- $13.
