Dividends4Life: With Another Payout Hike, This High-Dividend Stock Yields 9.3%

Dividend Growth Stocks News

Looking for Dividend Growers with a Big Yield? Read This. To most investors, a few percentages of dividend increase may not seem like much, especially when the market is soaring. But over time, those dividend hikes do add up, and can turn into a rather substantial income stream...

Holly Energy Partners, L.P. (NYSE:HEP), for instance, has never really been a hot ticker. But thanks to the partnership’s continuous distribution hikes, HEP stock now offers one of the biggest payouts in the market. Holly Energy Partners, L.P. is a master limited partnership headquartered in Dallas Texas. Since Holly Energy Partners went public in July 2004, it has raised its distribution every single quarter. That’s 58 consecutive quarterly distribution hikes.

Source: Income Investors

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