15 Best Stocks To Invest In For Retirement

7. HF Sinclair Corporation (NYSE:DINO)

Dividend Yield as of February 19: 5.20%

Number of Hedge Fund Holders: 41

Headquartered in Dallas, Texas, HF Sinclair Corporation (NYSE:DINO) is an independent energy company that produces and markets fuels, lubricants, and specialty chemicals. On February 11, the company announced that it is set to redeem $195 million of its 5.875% Senior Notes due 2026 on February 21, 2025. The redemption price will be either 100% of the principal or a make-whole premium, in addition to any accrued interest. The company plans to finance this using proceeds from its $1.4 billion senior notes offering completed on January 23, 2025. After the redemption date, the notes will no longer accrue interest or be considered outstanding.

In Q3 2024, HF Sinclair Corporation (NYSE:DINO) brought in $707.6 million in cash from operations. By September 30, the company had $1.23 billion in cash and equivalents, down $124.3 million from the end of 2023. It returned $95.3 million to shareholders through a $0.50 per share dividend and spent $126.5 million on stock buybacks. The company last paid a dividend on December 4, 2024. At the end of the third quarter, its total debt stood at $2.64 billion.

According to Insider Monkey’s fourth quarter database, 41 hedge funds were bullish on HF Sinclair Corporation (NYSE:DINO), compared to 25 funds in the preceding quarter. Mason Hawkins’ Southeastern Asset Management was the largest stakeholder in the company, with 2.74 million shares worth $96.3 million.