HF Sinclair Declares $0.50 Quarterly Dividend Amid Leadership Transition
HF Sinclair Corporation declared a regular quarterly dividend of $0.50 per share, payable March 12 to shareholders of record as of March 2. The announcement comes as CEO Tim Go takes voluntary leave.
HF Sinclair Corporation (NYSE: DINO), an independent petroleum refiner and marketer, declared a regular quarterly dividend of $0.50 per share on February 18, 2026. The dividend will be paid on March 12, 2026 to shareholders of record as of March 2, 2026. Read more dividend announcements.
The Dallas-based company maintained its quarterly payout at the same $0.50 level as the prior quarter. During the fourth quarter of 2025, HF Sinclair returned $230 million to shareholders through dividends and share repurchases combined.
| Dividend Details | Date |
|---|---|
| Amount Per Share | $0.50 |
| Record Date | March 2, 2026 |
| Payment Date | March 12, 2026 |
| Frequency | Quarterly |
Fourth Quarter Financial Results
The dividend declaration accompanied the company's fourth quarter 2025 earnings announcement, which showed an adjusted net income attributable to stockholders of $221 million, or $1.20 per diluted share. The company reported EBITDA of $235 million and adjusted EBITDA of $564 million for the quarter.
Net cash provided by operations totaled $8 million for the fourth quarter. At December 31, 2025, HF Sinclair held $978 million in cash and cash equivalents, up $178 million from $800 million at the end of 2024. Consolidated debt stood at $2.77 billion.
Leadership Change
The dividend announcement coincided with a management transition. On February 17, 2026, CEO and President Tim Go requested a voluntary leave of absence from his duties. The board elected current Chairperson Franklin Myers as Chief Executive Officer and President on a temporary basis, effective immediately.
For full-year 2025, HF Sinclair returned $724 million to stockholders through dividends and share repurchases. The company reported full-year adjusted net income of $951 million, or $5.06 per diluted share, and adjusted EBITDA of $2.3 billion.