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Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Hess Midstream Dividend Announcement

Hess Midstream announced a quarterly dividend of $0.68 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-07
Hess Midstream annual dividend for 2024 was $2.64
Hess Midstream annual dividend for 2023 was $2.37
Hess Midstream's trailing twelve-month (TTM) dividend yield is 7.33%
Hess Midstream's payout ratio for the trailing twelve months (TTM) is 108.41%
Hess Midstream's dividend growth over the last five years (2018-2023) was 11.82% year

Hess Midstream Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-07$0.68quarterly2024-11-14
2024-08-08$0.67quarterly2024-08-14
2024-05-01$0.65quarterly2024-05-14
2024-02-07$0.63quarterly2024-02-14
2023-11-01$0.62quarterly2023-11-14
2023-08-02$0.60quarterly2023-08-14
2023-05-03$0.59quarterly2023-05-12
2023-02-01$0.57quarterly2023-02-13
2022-11-02$0.56quarterly2022-11-14
2022-08-03$0.56quarterly2022-08-12
2022-05-04$0.55quarterly2022-05-13
2022-02-02$0.52quarterly2022-02-14
2021-11-03$0.51quarterly2021-11-12
2021-08-06$0.50quarterly2021-08-13
2021-04-30$0.45quarterly2021-05-13
2021-02-03$0.45quarterly2021-02-12
2020-11-04$0.44quarterly2020-11-13
2020-08-05$0.44quarterly2020-08-14
2020-05-01$0.43quarterly2020-05-14
2020-02-05$0.43quarterly2020-02-14
2019-11-01$0.41quarterly2019-11-13
2019-08-02$0.40quarterly2019-08-13
2019-05-02$0.38quarterly2019-05-14
2019-02-01$0.37quarterly2019-02-13
2018-11-02$0.36quarterly2018-11-13
2018-08-01$0.34quarterly2018-08-13
2018-05-03$0.33quarterly2018-05-14
2018-02-01$0.32quarterly2018-02-13
2017-11-02$0.31quarterly2017-11-13
2017-08-02$0.27quarterly2017-08-14

Hess Midstream Dividend per year

Hess Midstream Dividend growth

Hess Midstream Dividend Yield

Hess Midstream current trailing twelve-month (TTM) dividend yield is 7.33%. Interested in purchasing Hess Midstream stock? Use our calculator to estimate your expected dividend yield:

Hess Midstream Financial Ratios

P/E ratio17.61
PEG ratio-0.50
P/B ratio7.58
ROE46.09%
Payout ratio108.41%
Current ratio0.70
Quick ratio0.70
Cash Ratio0.05

Hess Midstream Dividend FAQ

How much is the next Hess Midstream dividend?
Hess Midstream's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hess Midstream dividend. The next Hess Midstream dividend will be released in February, May, August, or November.
When is Hess Midstream dividend paid?
Hess Midstream pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hess Midstream pay?
The specific amount of Hess Midstream dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hess Midstream's dividend history.
Does Hess Midstream stock pay dividends?
Yes, Hess Midstream does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hess Midstream's dividend history.
How much dividend does Hess Midstream pay?
Hess Midstream paid $2.638 in 2024, $2.374 in 2023, $2.185 in 2022, $1.914 in 2021, and $1.735 in 2020.
How often does Hess Midstream pay dividends?
Hess Midstream typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Hess Midstream's dividend yield?
The current dividend yield for Hess Midstream is 7.33%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hess Midstream's exact dividend yield.
When does Hess Midstream go ex dividend?
Hess Midstream's ex-dividend date for the latest dividend was on 2024-11-07. Hess Midstream typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hess Midstream dividend paid?
Hess Midstream pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Hess Midstream increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hess Midstream will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hess Midstream dividend per share?
Hess Midstream paid $2.638 per share in 2024 and $2.374 per share in 2023. The amount of dividend per share that Hess Midstream pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hess Midstream a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hess Midstream a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hess Midstream a dividend stock?
Yes, Hess Midstream is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hess Midstream a good dividend stock?
Whether Hess Midstream is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hess Midstream has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hess Midstream as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Hess Midstream pay dividends monthly?
Hess Midstream typically pays dividends on a quarterly basis.
Does Hess Midstream pay dividends quarterly?
Hess Midstream currently pays dividends on a quarterly basis.
Has Hess Midstream ever paid a dividend?
Yes, Hess Midstream has a history of paying dividends to its shareholders. Hess Midstream is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hess Midstream dividend stocks?
To buy Hess Midstream you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Hess Midstream stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Hess Midstream pay dividends 2024?
Hess Midstream pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hess Midstream increase its dividend in 2024?
Decisions regarding Hess Midstream dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hess Midstream dividend overview you can look into the above table of dividend history.
How Hess Midstream dividend works?
The Hess Midstream dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hess Midstream's dividend process works:

1. Determination of Dividend: Hess Midstream's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Hess Midstream publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Hess Midstream distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Hess Midstream are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Hess Midstream dividends paid?
Hess Midstream dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hess Midstream sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Hess Midstream distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Hess Midstream declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Hess Midstream pay dividends?
Hess Midstream typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hess Midstream pay dividends?
The general pattern is that Hess Midstream pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hess Midstream dividend safe?
The safety of Hess Midstream's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Hess Midstream's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Hess Midstream's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.