HollyFrontier Stock To Go Ex-dividend Tomorrow (HFC)

NEW YORK ( TheStreet) -- The ex-dividend date for HollyFrontier (NYSE: HFC) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $35.95 as of 9:30 a.m. ET, the dividend yield is 1.1%.

The average volume for HollyFrontier has been 3.8 million shares per day over the past 30 days. HollyFrontier has a market cap of $6.03 billion and is part of the basic materials sector and energy industry. Shares are up 51.7% year to date as of the close of trading on Monday.

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, specialty lubricant products, liquefied petroleum gas, fuel oil, and specialty and modified asphalt. The company has a P/E ratio of 5.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates HollyFrontier as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full HollyFrontier Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Amazon's Big Weakness in the Supreme Court Sales Tax Ruling

Amazon's Big Weakness in the Supreme Court Sales Tax Ruling

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Tesla's Automotive Gross Margins May Be Overstated, Analysts Suggest

Tesla's Automotive Gross Margins May Be Overstated, Analysts Suggest

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices