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HESM Hess Midstream LP Dividend

Hess Midstream's most recent quarterly dividend payment of $0.51 per share was made to shareholders on record before Nov 3, 2021. The payout stands at $1.91 per share annually, which works out to a dividend yield of 6.73%. The latest HESM stock dividend of $0.51 is an increase from the previous $0.504 distribution, representing a growth of 1.2%.

HESM next dividend date: Not announced

HESM
DPS
$1.91
Dividend yield
6.75%
Payout ratio
116.7%
Energy sector
Dividend yield
3.34%
Payout ratio
63.1%

Dividend yield

HESM has a dividend yield of 6.73% which is above the Energy sector and the industry average.

Dividend history

Hess Midstream has been paying dividends for the last four years. According to our data HESM has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. However since the stock price has gone up by 34% from a year ago, the dividend yield has decreased by 18%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Oct 25, 2021 Nov 3, 2021 Nov 12, 2021 $0.51 normal
Jul 28, 2021 Aug 6, 2021 Aug 13, 2021 $0.504 normal
Apr 23, 2021 Apr 30, 2021 May 13, 2021 $0.453 normal
Jan 25, 2021 Feb 3, 2021 Feb 12, 2021 $0.447 normal
Oct 26, 2020 Nov 4, 2020 Nov 13, 2020 $0.442 normal
Jul 27, 2020 Aug 5, 2020 Aug 14, 2020 $0.436 normal
Apr 23, 2020 May 1, 2020 May 14, 2020 $0.431 normal
Jan 27, 2020 Feb 5, 2020 Feb 14, 2020 $0.426 normal

Dividend payouts

Payout ratio

HESM has a payout ratio of 116.7% which is higher than the Energy sector and the industry average.

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