Hess's most recent quarterly dividend of $0.375 per share was on Dec 16, 2022 (ex-date). The annualized payout of $1.5 per share represents a current dividend yield of 0.96%.
Hess's dividend yield of 0.96% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.93%, Hess's dividend yield is 76% lower. The current dividend yield is below the historical average of 1.6% of the last 5 years.
Hess has a history of paying dividends since 1994. Our records of HES show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 50% for the last year. But since the stock price has gone up by 72% from a year ago, the dividend yield has decreased by 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 16, 2022 | Dec 29, 2022 | Dec 7, 2022 | $0.375 | normal |
| Sep 16, 2022 | Sep 30, 2022 | Sep 7, 2022 | $0.375 | normal |
| Jun 14, 2022 | Jun 30, 2022 | May 26, 2022 | $0.375 | normal |
| Mar 11, 2022 | Mar 30, 2022 | Mar 1, 2022 | $0.375 | normal |
| Dec 14, 2021 | Dec 30, 2021 | Dec 1, 2021 | $0.25 | normal |
| Sep 14, 2021 | Sep 30, 2021 | Sep 1, 2021 | $0.25 | normal |
| Jun 14, 2021 | Jun 30, 2021 | Jun 1, 2021 | $0.25 | normal |
| Mar 16, 2021 | Mar 31, 2021 | Mar 3, 2021 | $0.25 | normal |
| Dec 14, 2020 | Dec 30, 2020 | Dec 2, 2020 | $0.25 | normal |
| Sep 14, 2020 | Sep 30, 2020 | Sep 2, 2020 | $0.25 | normal |
| Jun 12, 2020 | Jun 30, 2020 | Jun 2, 2020 | $0.25 | normal |
| Mar 13, 2020 | Mar 30, 2020 | Mar 4, 2020 | $0.25 | normal |
| Dec 13, 2019 | Dec 31, 2019 | Dec 4, 2019 | $0.25 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Sep 4, 2019 | $0.25 | normal |
| Jun 14, 2019 | Jun 28, 2019 | Jun 4, 2019 | $0.25 | normal |
| Mar 15, 2019 | Mar 29, 2019 | Mar 6, 2019 | $0.25 | normal |
| Dec 14, 2018 | Dec 31, 2018 | Dec 5, 2018 | $0.25 | normal |
| Sep 14, 2018 | Sep 28, 2018 | Sep 5, 2018 | $0.25 | normal |
| Jun 15, 2018 | Jun 29, 2018 | Jun 5, 2018 | $0.25 | normal |
| Mar 16, 2018 | Mar 29, 2018 | Mar 7, 2018 | $0.25 | normal |
| Dec 15, 2017 | Dec 29, 2017 | Dec 6, 2017 | $0.25 | normal |
| Sep 15, 2017 | Sep 29, 2017 | Sep 6, 2017 | $0.25 | normal |
| Jun 14, 2017 | Jun 30, 2017 | Jun 6, 2017 | $0.25 | normal |
| Mar 13, 2017 | Mar 31, 2017 | Mar 1, 2017 | $0.25 | normal |
| Dec 15, 2016 | Dec 30, 2016 | Dec 7, 2016 | $0.25 | normal |
| Sep 15, 2016 | Sep 30, 2016 | Sep 7, 2016 | $0.25 | normal |
| Jun 14, 2016 | Jun 30, 2016 | Jun 1, 2016 | $0.25 | normal |
| Mar 15, 2016 | Mar 31, 2016 | Mar 2, 2016 | $0.25 | normal |
| Dec 15, 2015 | Dec 31, 2015 | Dec 2, 2015 | $0.25 | normal |
| Sep 17, 2015 | Sep 30, 2015 | Sep 9, 2015 | $0.25 | normal |
Hess's payout ratio of 24.9% is above its peers average but below the Energy sector and the industry average. Compared to its Energy sector average of 41.1%, Hess's payout ratio is 39% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| COP Conocophillips | 3.24% | $4.01 | 28.8% |
| CVX Chevron Corp | 3.17% | $5.68 | 32.2% |
| XOM Exxon Mobil Corp | 3.07% | $3.55 | 29% |
| HES Hess Corp | 0.96% | $1.5 | 24.9% |
| OXY Occidental Petroleum Corp | 0.78% | $0.52 | 4% |
Yes, Hess has been paying dividends for the last 28 years.
HES hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in March 2023.
Hess's last regular dividend was on Dec 16, 2022 (ex-date) with the amount of $0.375 per share.
On an annual basis HES pays $1.5 per share.
The current dividend yield of Hess is 0.96%.
Hess pays four dividends per year.
Hess's dividend payout ratio is 24.9%.
Hess's dividend yield is below the Energy sector average.