SmarterDividends

HESM vs XOM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HESM offers the higher yield at 9.90%, XOM has the higher dividend-safety score, and HESM looks like the better value (its fair-value estimate is 46% above its share price).

Key facts: HESM vs XOM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Hess Midstream LP (HESM) has the higher forward dividend yield at 9.90%, versus 2.23% for ExxonMobil Holdings Corporation (XOM).
  • As of Oct 27, 2026, SmarterDividends grades HESM's dividend safety B (66/100) and XOM's A (92/100).
  • By SmarterDividends' count as of Oct 27, 2026, HESM has raised its dividend for 8 consecutive years and XOM for 24.
  • As of Oct 27, 2026, HESM pays out 105% of its earnings as dividends and XOM pays out 53%.
  • As of Oct 27, 2026, HESM's fair-value estimate is 46% above its share price and XOM's fair-value estimate is 55% below its share price, so HESM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HESM vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hesm-vs-xom

MetricHESMXOM
Forward yield9.90%2.23%
Annual dividend$3.09$4.12
Payout ratio105%53%
Years of growth8 yr24 yr
5-yr dividend growth10.8%2.8%
5-yr total return24%206%
Dividend safety score66 (B)92 (A)
Fair value estimate$45.41$83.10
Upside to fair value+46%-55%
Frequencyquarterlyquarterly
Market cap$6.4B$758.8B
P/E ratio10.823.8

Higher yield

HESM

9.90%

Safer dividend

XOM

Grade A

Faster growth

HESM

10.8%

Better value

HESM

+46% upside

HESM vs XOM — FAQ

Is HESM or XOM a better dividend stock?

On the data, XOM wins more head-to-head categories (5 vs 3). HESM offers the higher yield (9.90%), while XOM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, HESM or XOM?

HESM has the higher forward dividend yield at 9.90%, versus 2.23% for XOM.

Is HESM or XOM safer?

XOM has the higher dividend-safety score (92/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.

Is HESM or XOM better value right now?

As of Oct 27, 2026, HESM looks like the better value: its fair-value estimate is 46% above its share price (undervalued). For XOM, its fair-value estimate is 55% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.