Hess Midstream's most recent quarterly dividend payment of $0.57 per share was made to shareholders on record before Feb 1, 2023. The payout stands at $2.24 per share annually, which works out to a dividend yield of 8.49%. The latest HESM stock dividend of $0.57 is an increase from the previous $0.563 distribution, representing a growth of 1.2%.
HESM has a dividend yield of 8.49% which is above the Energy sector and the industry average. Compared to its Energy sector average of 4.61%, Hess Midstream's dividend yield is 84% higher. Historically HESM's dividend yield has averaged at 7.8% in the last 5 years, which is below the current yield.
Hess Midstream has been paying dividends for the last six years. According to our data HESM has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 13% for the last year. And since the stock price has gone down by 11% from a year ago, the dividend yield has increased by 27%.
|Ex-date||Payment date||Declared on||Amount||Type|
|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|
HESM has a payout ratio of 110.2% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 40.6%, Hess Midstream's payout ratio is 171% higher.
Yes, Hess Midstream has been paying dividends for the last six years.
Currently HESM's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2023.
Hess Midstream's last dividend ex-date was on Feb 1, 2023. The dividend amount was $0.57 per share.
HESM's annualized dividend per share is $2.24.
Hess Midstream's current dividend yield is 8.49%.
Hess Midstream pays dividends quarterly.
Hess Midstream's dividend payout ratio is 110.2%.
Hess Midstream's dividend yield is above the Energy sector average.