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HFC Pays 8th Special Dividend And Boosts Regular Dividend By 50%

|Includes:HollyFrontier Corp. (HFC)

Investors looking for a regular helping of special dividends should consider HollyFrontier Corporation (NYSE: HFC). The company just announced its 8th special dividend since August 2011. In addition, HFC just juiced its regular dividend by 50%.

Subscribers to my Get Rich Monthly Income Plan received $31.00 per share in dividends in 2012 with a yield on cost of 12.5% in one year. In addition, subscribers received $1,690 in call premiums on each 100 shares of HFC stock in 2012. The covered call premiums accounts for a yield of 68% as subscribers utilized a special income technique called the perpetual covered call. In total, Monthly income Plan subscribers booked a total return of 219% on HFC in 2012 alone!

Read full article:

http://getrichinvestments.com/2013/02/hfc-pays-8th-special-dividend-and-boosts-regular-dividend-by-50/

Disclosure: I am long HFC.

Additional disclosure: I am long HFC and sell covered calls each month

Stocks: HFC