NEW YORK (
) -- The ex-dividend date for
) is, November 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $23.54 as of 9:33 a.m. ET, the dividend yield is 1.7%.
The average volume for HollyFrontier has been 4.4 million shares per day over the past 30 days. HollyFrontier has a market cap of $5.06 billion and is part of the
industry. Shares are up 17.9% year to date as of the close of trading on Tuesday.
HollyFrontier Corporation operates as an independent petroleum refiner and marketer in the United States. It produces light products, such as gasoline, diesel fuel, jet fuel, and other specialty products. The company has a P/E ratio of 4.2, below the average energy industry P/E ratio of 4.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates HollyFrontier as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full