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HEP - The 8.4% Distribution Yield Of Holly Energy Partners Is Safe
Holly Energy Partners L.P.
HEP is offering an exceptional distribution yield of 8.4%.
The omicron variant has raised some concerns over the recovery of the global energy market.
However, the distribution of HEP has a wide margin of safety thanks to the defensive business model of the MLP, its strong coverage ratio, and its healthy balance sheet.