Holly Energy Partners, L.P. HEP today announced declaration of its cash distribution, for the second quarter of 2011, of $0.865 per unit. For the prior quarter, $0.855 was distributed to unitholders. Holly Energy has increased its distribution to unitholders every quarter since becoming a public partnership in July 2004. This increase marks the twenty-seventh consecutive quarterly increase. The distribution will be paid August 12, 2011, to unitholders of record August 8, 2011.
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