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Hess Midstream (HESM) Dividend Yield, Date & History

Hess Midstream logo
$36.20 +0.34 (+0.95%)
(As of 12/20/2024 05:31 PM ET)

Hess Midstream Dividend Summary

Dividend Yield
7.54%
Annual Dividend
$2.73
Recent
Dividend Payment
Nov. 14
Annualized 3-Year
Dividend Growth
11.01%
Dividend Payout Ratio
115.68%

Hess Midstream (HESM) pays an annual dividend of $2.73 per share, with a dividend yield of 7.54%. The next quarterly payment of $0.6846 per share was paid on Thursday, November 14, to investors who owned the stock before the ex-dividend date of Thursday, November 7. The company currently pays out 115.68% of its earnings and 192.23% of its cash flow as dividends.

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HESM Dividend Payments by Quarter

The chart below displays up to four years of Hess Midstream's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

HESM Dividend Yield Over Time

The chart below tracks Hess Midstream's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Hess Midstream vs. The Competition

Compare Hess Midstream's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeHess MidstreamEnergy CompaniesNYSE Companies
Annual Dividend$2.73$0.00$1.39
Dividend Yield7.54%11.66%3.58%
Annualized 3-Year Dividend Growth11.01%25.09%15.78%

Hess Midstream Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings115.68%
Based on This Year's Estimate113.28%
Based on Next Year's Estimate102.25%
Based on Cashflow192.23%

Hess Midstream Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/28/2024Quarterly$0.6846+$0.0169
2.53%
7.7%11/7/202411/7/202411/14/2024
7/29/2024quarterly$0.6677+$0.0161
2.47%
6.7%8/8/20248/8/20248/14/2024
4/22/2024quarterly$0.6516+$0.0173
2.73%
7.2%5/1/20245/2/20245/14/2024
1/29/2024quarterly$0.6343+$0.0163
2.64%
7.4%2/7/20242/8/20242/14/2024
10/23/2023Quarterly$0.6180+$0.0169
2.81%
8.15%11/1/202311/2/202311/14/2023
7/24/2023Quarterly$0.6011+$0.0160
2.73%
7.7%8/2/20238/3/20238/14/2023
4/24/2023quarterly$0.5851+$0.0151
2.65%
8%5/3/20235/4/20235/12/2023
1/23/2023Quarterly$0.57+$0.0073
1.30%
7.16%2/1/20232/2/20232/13/2023

This table shows Hess Midstream's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Hess Midstream Dividend - Frequently Asked Questions

The current dividend yield for Hess Midstream is 7.54%. Learn more on HESM's dividend yield history.

The annual dividend for HESM shares is $2.73. Learn more on HESM's annual dividend history.

Hess Midstream pays quarterly dividends to shareholders.

Hess Midstream's most recent quarterly dividend payment of $0.6846 per share was made to shareholders on Thursday, November 14, 2024.

Hess Midstream's most recent ex-dividend date was Thursday, November 7, 2024.

Over the past three years, the company's dividend has grown by an average of 11.01% per year.

The most recent change in the company's dividend was an increase of $0.0169 on Monday, October 28, 2024.

The dividend payout ratio for HESM is:
  • 115.68% based on the trailing year of earnings
  • 113.28% based on this year's estimates
  • 102.25% based on next year's estimates
  • 192.23% based on cash flow

Hess Midstream's dividend yield of 7.70% is lower than the average Oils/Energy company that issues a dividend. HESM has a dividend yield higher than 75% of all dividend-paying stocks 5.62, making it a leading dividend payer. Hess Midstream's dividend payout ratio of 115.68% may not be sustainable.

Looking at the stock as a whole, market analysts rate Hess Midstream stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:HESM) was last updated on 12/21/2024 by MarketBeat.com Staff
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