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HESM Hess Midstream dividend history, payout ratio & dates

  1. Stocks
  2. Energy
  3. NYSE: HESM
  4. Dividend

Hess Midstream's most recent quarterly dividend payment of $0.634 per share was made to shareholders on record before Feb 7, 2024. The payout stands at $2.44 per share annually, which works out to a dividend yield of 6.9%. The latest HESM stock dividend of $0.634 is an increase from the previous $0.618 distribution, representing a growth of 2.7%.

Key dates

  • HESM last dividend date: Feb 7, 2024
  • HESM next dividend date: Not announced
HESM dividend stats
DPS
$2.44
Dividend yield
6.85%
Payout ratio
115.5%
vs. Energy sector
Dividend yield
3.71%
Payout ratio
44.6%

Dividend yield

What is Hess Midstream current dividend yield

HESM has a dividend yield of 6.9% which is above the Energy sector and the industry average. Compared to its Energy sector average of 3.71%, Hess Midstream's dividend yield is 86% higher. Historically HESM's dividend yield has averaged at 7.8% in the last 5 years, which is above the current yield.

Dividend history

What is HESM dividend payout history and dates

Hess Midstream has been paying dividends for the last seven years. According to our data HESM has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 9% for the last year. However since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 11%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 7, 2024 Feb 14, 2024 Jan 29, 2024 $0.634 normal
Nov 1, 2023 Nov 14, 2023 Oct 23, 2023 $0.618 normal
Aug 2, 2023 Aug 14, 2023 Jul 24, 2023 $0.601 normal
May 3, 2023 May 12, 2023 Apr 24, 2023 $0.585 normal
Feb 1, 2023 Feb 13, 2023 Jan 23, 2023 $0.57 normal
Nov 2, 2022 Nov 14, 2022 Oct 24, 2022 $0.563 normal
Aug 3, 2022 Aug 12, 2022 Jul 25, 2022 $0.556 normal
May 4, 2022 May 13, 2022 Apr 25, 2022 $0.549 normal
Feb 2, 2022 Feb 14, 2022 Jan 24, 2022 $0.517 normal
Nov 3, 2021 Nov 12, 2021 Oct 25, 2021 $0.51 normal
Aug 6, 2021 Aug 13, 2021 Jul 28, 2021 $0.504 normal
Apr 30, 2021 May 13, 2021 Apr 23, 2021 $0.453 normal
Feb 3, 2021 Feb 12, 2021 Jan 25, 2021 $0.447 normal
Nov 4, 2020 Nov 13, 2020 Oct 26, 2020 $0.442 normal
Aug 5, 2020 Aug 14, 2020 Jul 27, 2020 $0.436 normal
May 1, 2020 May 14, 2020 Apr 23, 2020 $0.431 normal
Feb 5, 2020 Feb 14, 2020 Jan 27, 2020 $0.426 normal

Hess Midstream dividend payout ratio

What is Hess Midstream dividend payout ratio compared to the sector

Payout ratio

HESM has a payout ratio of 115.5% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 44.6%, Hess Midstream's payout ratio is 159% higher.

Total amount of dividends paid per financial year (from cash flow)

Frequently asked questions

Does Hess Midstream pay a dividend?

Yes, Hess Midstream has been paying dividends for the last seven years.

When is Hess Midstream's next dividend?

Currently HESM's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was HESM's last dividend?

Hess Midstream's last dividend ex-date was on Feb 7, 2024. The dividend amount was $0.634 per share.

How much dividend does Hess Midstream pay (per share)?

HESM's annualized dividend per share is $2.44.

What is Hess Midstream's dividend yield?

Hess Midstream's current dividend yield is 6.9%.

How often does Hess Midstream pay dividends?

Hess Midstream pays dividends quarterly.

What is Hess Midstream's dividend payout ratio?

Hess Midstream's dividend payout ratio is 115.5%.

Does Hess Midstream pay a good dividend?

Hess Midstream's dividend yield is above the Energy sector average.