Hess Midstream's most recent dividend payment of $0.685 per share was made to shareholders on record before Nov 7, 2024. The payout stands at $2.64 per share annually, which works out to a dividend yield of 7.17%. The latest HESM stock dividend of $0.685 is an increase from the previous $0.668 distribution, representing a growth of 2.5%.
HESM has a dividend yield of 7.17% which is above the Energy sector and the industry average. Compared to its Energy sector average of 3.99%, Hess Midstream's dividend yield is 80% higher. Historically HESM's dividend yield has averaged at 7.9% in the last 5 years, which is above the current yield.
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 11% for the last year. However since the stock price has gone up by 15% from a year ago, the dividend yield has decreased by 3.5%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 7, 2024 | $0.685 | 7.45% |
Aug 8, 2024 | $0.668 | 7.14% |
May 1, 2024 | $0.652 | 7.48% |
Feb 7, 2024 | $0.634 | 7.47% |
Nov 1, 2023 | $0.618 | 8.06% |
Aug 2, 2023 | $0.601 | 7.63% |
May 3, 2023 | $0.585 | 8.11% |
Feb 1, 2023 | $0.57 | 7.52% |
Nov 2, 2022 | $0.563 | 7.87% |
Aug 3, 2022 | $0.556 | 7.38% |
May 4, 2022 | $0.549 | 6.76% |
Feb 2, 2022 | $0.517 | 6.82% |
Nov 3, 2021 | $0.51 | 7.66% |
Aug 6, 2021 | $0.504 | 7.39% |
Apr 30, 2021 | $0.453 | 7.96% |
Feb 3, 2021 | $0.447 | 8.22% |
Nov 4, 2020 | $0.442 | 10.76% |
Aug 5, 2020 | $0.436 | 8.92% |
May 1, 2020 | $0.431 | 10.61% |
Feb 5, 2020 | $0.426 | 7.08% |
Nov 1, 2019 | $0.411 | 7.46% |
Aug 2, 2019 | $0.397 | 7.75% |
May 2, 2019 | $0.383 | 6.82% |
Feb 1, 2019 | $0.37 | 6.42% |
Nov 2, 2018 | $0.358 | 6.44% |
Aug 1, 2018 | $0.345 | 5.95% |
May 3, 2018 | $0.333 | 6.43% |
Feb 1, 2018 | $0.322 | 4.11% |
Nov 2, 2017 | $0.311 | 2.92% |
Aug 2, 2017 | $0.27 | 1.26% |
HESM has a payout ratio of 111.3% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 56.2%, Hess Midstream's payout ratio is 98% higher.
Yes, Hess Midstream has been paying dividends for the last seven years.
Hess Midstream's last dividend ex-date was on Nov 7, 2024. The dividend amount was $0.685 per share.
HESM's annualized dividend per share is $2.64.
Hess Midstream's current dividend yield is 7.17%.
Hess Midstream pays dividends quarterly.
Hess Midstream's dividend payout ratio is 111.3%.
Hess Midstream's dividend yield is above the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.