HollyFrontier Stock To Go Ex-dividend Tomorrow (HFC)
The ex-dividend date for HollyFrontier (NYSE:HFC) is tomorrow, May 24, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $48.99 as of 10:06 a.m., the dividend yield is 2.5%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for HollyFrontier (NYSE: HFC) is tomorrow, May 24, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $48.99 as of 10:06 a.m. ET, the dividend yield is 2.5%. The average volume for HollyFrontier has been four million shares per day over the past 30 days. HollyFrontier has a market cap of $9.91 billion and is part of the basic materials sector and energy industry. Shares are up 4.9% year to date as of the close of trading on Wednesday. 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 5.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates HollyFrontier as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. 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. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.