Trailing Dividend / Share
$2.84
Hess Midstream LP (HESM) Dividend History
Income profile from 2017 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
7.7%
Payout Ratio
99.2%
At Risk
Dividend Streak
9 years
HESM Dividend Income Check
Safety
99.2% payout ratio with at risk safety profile.
Consistency
9 straight years of dividend increases.
Income Trend
Yield on cost is 15.1% and trend is rising.
HESM Dividend Scorecard
Yield & Income
Dividend Yield7.7%
Trailing DPS$2.84
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout99.2%
Earnings SafetyAt Risk
FCF Payout101.4%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak9 years
3Y CAGR9.9%
5Y CAGR10.8%
Yield on Cost (5Y)15.1%
YOC Trendrising
Total Returns
Buyback Yield5.2%
Total Shareholder Yield13.0%
1Y Total Return3.3%
5Y Total Return97.5%
Div Contribution (5Y)50.6%
Estimated $10K growth (return + dividends):
5Y ago$19,75510Y ago$21,71120Y ago$21,712
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HESM Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
HESM Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Hess Midstream LP distributes 99.2% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 101.4%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
HESM has raised its dividend for 9 consecutive years, with a 3-year CAGR of 9.9% and 5-year CAGR of 10.8%.
Total Shareholder Returns
Beyond cash dividends, HESM returns capital through share repurchases. The combined picture: 7.7% dividend yield, 5.2% buyback yield, 13.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 15.1% and is currently rising. The 5-year total return is 97.5%, with dividends contributing 50.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $21,711 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
HESM Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$12.66
Avg/Payment$0.6328
Latest Change+2.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 7, 2026Latest | $0.7792 | ↑ +2.0% | 7.86% | May 14, 2026 |
| Feb 5, 2026 | $0.7641 | ↑ +1.2% | 8.49% | Feb 13, 2026 |
| Nov 6, 2025 | $0.7548 | ↑ +2.4% | 8.67% | Nov 14, 2025 |
| Aug 7, 2025 | $0.7370 | ↑ +3.8% | 6.91% | Aug 14, 2025 |
| May 8, 2025 | $0.7098 | ↑ +1.2% | 7.45% | May 14, 2025 |
| Feb 6, 2025 | $0.7012 | ↑ +2.4% | 6.69% | Feb 14, 2025 |
| Nov 7, 2024 | $0.6846 | ↑ +2.5% | 7.45% | Nov 14, 2024 |
| Aug 8, 2024 | $0.6677 | ↑ +2.5% | 7.14% | Aug 14, 2024 |
HESM Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
7.7%
#3 of 8
Safety
At Risk
99.2% payout
Streak
9Y
10.8% 5Y CAGR
Total Shareholder
13.0%
#1 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd HESMHess Midstream LP | $7.7B | 7.7% | 99.2% | 9 | At Risk |
 TRGPTarga Resources Corp… | $55.5B | 1.5% | 44.4% | 4 | Sustainable |
1st  DKLDelek Logistics Part… | $2.7B | 8.8% | 1.3% | 13 | Sustainable |
2nd  WESWestern Midstream Pa… | $16.9B | 8.3% | 1.2% | 4 | Sustainable |
 AMAntero Midstream Cor… | $10.3B | 4.2% | 1.1% | 0 | Sustainable |
 MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
 CVXChevron Corporation | $346.5B | 4.0% | 1.0% | 38 | Sustainable |
 EOGEOG Resources, Inc. | $69.2B | 3.1% | 43.4% | 8 | Sustainable |
HESM Annual Dividend History (2012–2026)
15 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.54 | — | 2 | — | — | — | 8.0% |
| 2025 | $2.90 | 10.0% | 4 | $2.86 | 101.5% | 0.99x | 15.1% |
| 2024 | $2.64 | 11.2% | 4 | $2.49 | 106.0% | 0.94x | 13.7% |
| 2023 | $2.37 | 8.6% | 4 | $2.08 | 114.1% | 0.88x | 12.4% |
| 2022 | $2.18 | 14.1% | 4 | $2.01 | 108.7% | 0.92x | 11.4% |
| 2021 | $1.91 | 10.3% | 4 | $1.76 | 108.8% | 0.92x | 10.0% |
| 2020 | $1.73 | 11.1% | 4 | $1.31 | 132.4% | 0.76x | 9.0% |
| 2019 | $1.56 | 15.0% | 4 | $1.22 | 128.0% | 0.78x | 8.1% |
| 2018 | $1.36 | 133.7% | 4 | $1.27 | 106.9% | 0.94x | 7.1% |
| 2017 | $0.58 | — | 2 | $0.75 | 77.5% | 1.29x | 3.0% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
9+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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HESM — Frequently Asked Questions
Quick answers to the most common questions about buying HESM stock.
How much dividend does HESM pay per share?
Hess Midstream LP (HESM) pays a trailing 12-month dividend of $2.84 per share, with a current dividend yield of +7.7%. Payments are made Semi-Annual.
When is HESM's next ex-dividend date?
HESM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HESM typically pays dividends Semi-Annual.
Is HESM's dividend safe?
HESM's dividend safety is rated "At Risk" based on an earnings payout ratio of +99.2% and FCF payout ratio of +101.4%. The 9-year growth streak provides moderate confidence.
Is HESM a Dividend Payer?
Yes, Hess Midstream LP is classified as a Dividend Payer with 9 consecutive years of dividend increases. The 5-year dividend CAGR is +10.8%, demonstrating above-inflation dividend growth.
How often does HESM pay dividends?
Hess Midstream LP pays dividends Semi-Annual. The trailing 12-month total is $2.84 per share. Dividend data on this page covers 9+ years from 2017 to 2026.
How much would $10,000 invested in HESM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HESM five years ago would be worth approximately $19,755 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HESM's yield on cost for long-term holders?
HESM's yield on cost — the current dividend divided by the original purchase price — is +15.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +7.7% market yield, thanks to consistent dividend growth.