Hess Midstream's most recent quarterly dividend payment of $0.563 per share was made to shareholders on record before Nov 2, 2022. The payout stands at $2.19 per share annually, which works out to a dividend yield of 7.39%. The latest HESM stock dividend of $0.563 is an increase from the previous $0.556 distribution, representing a growth of 1.2%.
HESM has a dividend yield of 7.39% which is above the Energy sector and the industry average. Compared to its Energy sector average of 3.8%, Hess Midstream's dividend yield is 94% 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 five years. According to our data HESM has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 14% for the last year. However since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 4.9%.
|Ex-date||Payment date||Declared on||Amount||Type|
|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 105% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 41.3%, Hess Midstream's payout ratio is 154% higher.
Yes, Hess Midstream has been paying dividends for the last five years.
Currently HESM's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.
Hess Midstream's last dividend ex-date was on Nov 2, 2022. The dividend amount was $0.563 per share.
HESM's annualized dividend per share is $2.19.
Hess Midstream's current dividend yield is 7.39%.
Hess Midstream pays dividends quarterly.
Hess Midstream's dividend payout ratio is 105%.
Hess Midstream's dividend yield is above the Energy sector average.