HF Sinclair (DINO) DIvidends Date & History

Key Takeaways

• HF Sinclair Corporation (DINO) offers a trailing dividend yield of 3.3%, paid quarterly at $0.50 per share.
• The payout ratio stands at 64.9%, indicating strong earnings coverage for the dividend.
• Free cash flow comfortably supports the dividend, with an average FCF payout ratio around 78%.
• Dividend payments have remained consistent, with modest growth over the past five years.
• Compared to refining peers, DINO's yield is above average, appealing for income in the energy sector.
• The dividend appears sustainable given moderate debt levels and positive cash generation.

Dividend Overview

HF Sinclair Corporation (DINO), an independent energy company focused on refining, renewables, and marketing, maintains a modest but reliable dividend profile. The company currently pays a quarterly dividend of $0.50 per share, equating to an annualized payout of $2.00. This delivers a trailing yield of 3.3% based on recent stock prices around $60. The most recent ex-dividend date was March 2, 2026, with payments following shortly thereafter. DINO is not classified as a high-yield or dividend growth stock but rather provides a steady income stream typical for refiners, balancing shareholder returns with reinvestment in operations amid volatile energy markets.

Dividend History and Growth

HF Sinclair has demonstrated dividend consistency since its formation through the merger of HollyFrontier and Sinclair Oil in 2022, maintaining quarterly payments without cuts. The current $0.50 quarterly rate has held steady for several quarters, following gradual increases in prior years. Over the past five years, the dividend has grown at an average annual rate of about 7%, with three increases recorded. However, it lacks a long consecutive growth streak like Dividend Aristocrats. This reflects the cyclical nature of the refining industry, where dividends prioritize stability over aggressive hikes during periods of fluctuating crack spreads and commodity prices.

Dividend Sustainability and Payout Ratio

DINO's dividend sustainability is bolstered by a payout ratio of 64.9%, leaving ample room for earnings retention. Earnings comfortably cover the dividend, with analysts projecting 2026 EPS around $6.20. Free cash flow (FCF) generation supports payouts, averaging an FCF payout ratio of 78% over recent periods, aided by operational efficiencies in its six refineries. Debt-to-equity stands at a manageable 36%, reducing balance sheet risks. While refining margins can pressure profitability—evident in slim 2.15% profit margins—the company's diversified segments, including renewables, enhance long-term stability for dividend continuity.

Dividend Compared to Industry Peers

In the oil refining and marketing industry, HF Sinclair's 3.3% yield exceeds several peers. For instance, Valero Energy (VLO) offers about 2.0%, Phillips 66 (PSX) around 3.1%, PBF Energy (PBF) at 2.7%, and Delek US Holdings (DK) near 2.6%. DINO's profile stands out for its higher yield and coverage, though all face similar sector headwinds like input costs. This positions DINO as a relatively attractive income option within a group averaging 2-3% yields.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. It is particularly useful for identifying dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore the AI Screener today to enhance your research process.

Is This Stock Attractive for Dividend Investors?

HF Sinclair (DINO) may appeal to income-oriented investors seeking yields above the refining sector average, particularly those comfortable with energy sector cyclicality. Its 3.3% yield and 65% payout ratio suit conservative dividend investors prioritizing coverage over rapid growth. Long-term holders might value the stability from diversified operations, including renewables, which could buffer refining volatility. However, the lack of a prolonged growth streak may deter strict dividend growth enthusiasts. Overall, DINO fits portfolios balancing yield and moderate risk, but investors should monitor crack spreads, FCF trends, and macroeconomic factors influencing refiners.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations