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
7.4%
Payout Ratio
99.2%
At Risk
Dividend Streak
8 years
HESM Dividend Income Check
Safety
99.2% payout ratio with at risk safety profile.
Consistency
8 straight years of dividend increases.
Income Trend
Yield on cost is 15.1% and trend is rising.
HESM Dividend Scorecard
Yield & Income
Dividend Yield7.4%
Trailing DPS$2.84
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout99.2%
Earnings SafetyAt Risk
FCF Payout101.4%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak8 years
3Y CAGR9.9%
5Y CAGR10.8%
Yield on Cost (5Y)15.1%
YOC Trendrising
Total Returns
Buyback Yield5.0%
Total Shareholder Yield12.5%
1Y Total Return10.6%
5Y Total Return124.9%
Div Contribution (5Y)53.3%
Estimated $10K growth (return + dividends):
5Y ago$22,48510Y ago$21,96620Y ago$21,966
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). HESM's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
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
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 8 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: 7.4% dividend yield, 5.0% buyback yield, 12.5% 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 124.9%, with dividends contributing 53.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $21,966 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
HESM Recent Dividend Payments
Last 20 payments · Annual
TTM Total$12.33
Avg/Payment$0.6165
Latest Change+1.2%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 5, 2026Latest | $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 |
| May 1, 2024 | $0.6516 | ↑ +2.7% | 7.48% | May 14, 2024 |
HESM Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
7.4%
#3 of 7
Safety
At Risk
99.2% payout
Streak
8Y
10.8% 5Y CAGR
Total Shareholder
12.5%
#1 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd HESMHess Midstream LP | $8.0B | 7.4% | 99.2% | 8 | At Risk |
1st  DKLDelek Logistics Part… | $2.7B | 8.7% | 1.3% | 5 | Sustainable |
2nd  WESWestern Midstream Pa… | $16.8B | 8.6% | 1.2% | 4 | Sustainable |
 AMAntero Midstream Cor… | $10.1B | 4.3% | 1.1% | 1 | Sustainable |
 MPLXMPLX Lp | $56.5B | 7.1% | 81.8% | 3 | Watch |
 CVXChevron Corporation | $369.4B | 3.7% | 1.0% | 8 | Sustainable |
 EOGEOG Resources, Inc. | $72.2B | 3.0% | 43.4% | 1 | Sustainable |
HESM Annual Dividend History (2012–2026)
15 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.76 | — | 1 | — | — | — | 4.0% |
| 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% |
See HESM's True Return
Price is only half the story. See total return with reinvested dividends.
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Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonHESM — 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 +7.4%. Payments are made 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 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 8-year growth streak provides moderate confidence.
Is HESM a Dividend Payer?
Yes, Hess Midstream LP is classified as a Dividend Payer with 8 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 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 $22,485 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 +7.4% market yield, thanks to consistent dividend growth.