Dividend Yield Alert: Do Your Homework Before Buying HF Sinclair Corporation (NYSE:DINO) For Its Upcoming Dividend
HF Sinclair Corporation's upcoming dividend is about to attract attention from investors, but it's essential to scrutinize the company's financials before making a decision. The ex-dividend date is approaching, and investors need to be aware of the record date to avoid missing out on the payout. With a trailing yield of approximately 5.7%, HF Sinclair Corporation has been paying out dividends regularly, but there are concerns about its dividend sustainability.
- HF Sinclair's high payout ratio and declining earnings per share over the past five years raise questions about the company's ability to maintain its dividend payments in the face of economic downturns.
- How will HF Sinclair's management plan for reducing the dividend or increasing revenue to support its payout strategy, given the growing trend of companies reducing their dividend yields?