Dividends4Life: 55 Straight Hikes, 8% Yield, Strong Long-Term Growth

Management has raised the quarterly payout for 55 straight quarters. The yield is 8.01%. Management has delivered long-term CAGR of 17% for EBITDA and 16% for DCF over the past 12 years, right through boom and bust cycles.

Looking for consistent distribution hikes and consistent growth? You may want to take a look at Holly Energy Partners L.P. (HEP), whose management has achieved quite a long string of distribution hikes and impressive CAGR since the company's IPO. HEP is a Delaware LP formed in early 2004 by HollyFrontier (HFC) and is headquartered in Dallas, Texas. HEP provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries.

Source: Seeking Alpha

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