DALLAS, Sept. 9 /PRNewswire-FirstCall/ -- Holly Corporation (NYSE: HOC)
today announced the declaration of a regular quarterly cash dividend in the
amount of $0.15 per share payable on October 2, 2008, to holders of record on
September 22, 2008.
Holly Corporation, headquartered in Dallas, Texas, is an independent
petroleum refiner and marketer that produces high value light products such as
gasoline, diesel fuel and jet fuel. Holly operates through its subsidiaries an
85,000 barrels per day ('bpd') refinery located in Artesia, New Mexico, and a
26,000 bpd refinery in Woods Cross, Utah. Holly also owns a 46% interest
(including the general partner interest) in Holly Energy Partners, L.P.
(NYSE 'HEP'), which through subsidiaries owns or leases approximately 2,500
miles of petroleum product pipelines in Texas, New Mexico and Oklahoma and
petroleum product terminals in several Southwest and Rocky Mountain states.
SOURCE Holly Corporation
