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Holly Corporation Announces Regular Quarterly Cash Dividend

DALLAS, May 12, 2011 /PRNewswire/ -- Holly Corporation (NYSE: HOC) today announced the declaration of a regular quarterly cash dividend in the amount of $0.15 per share payable on July 1, 2011, to holders of record on June 21, 2011.  

Holly Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other high value specialty products. Holly operates through its subsidiaries a 100,000 barrels per stream day ("bpsd") refinery located in Artesia, New Mexico, a 125,000 bpsd refinery in Tulsa, Oklahoma and a 31,000 bpsd refinery in Woods Cross, Utah. A subsidiary of Holly also owns a 34% interest (including the general partner interest) in Holly Energy Partners, L.P.

SOURCE Holly Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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