SmarterDividends
HESM

Hess Midstream LP

HESM

Energy · Stock · quarterly payer

Forward Yield

7.79%

Annual Dividend

$3.04

Payout Ratio

103%

5-Yr Growth

10.8%

Ex-Date

May 7, 2026

Frequency

Quarterly

HESM Dividend Safety Score

67/ 100
Grade B

Safe

Dividend-growth streak7 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage103% of earnings paid out
Free-cash-flow coverage86% of free cash flow
Balance-sheet strengthDebt/equity of 10.06
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is HESM a good dividend stock?

Yes, with caveats

Hess Midstream LP (HESM) pays a quarterly dividend yielding 7.79% ($3.04/yr), with 8 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Strong 10.8% 5-yr dividend growth
  • 54% total price return over 5 years

Risks

  • Elevated payout ratio (103%)

Key Data

Dividend Yield
7.79%
Payout Ratio
103%
Annual Dividend
$3.04
5-Yr Avg Growth
10.8%
Ex-Dividend Date
May 7, 2026
Years of Growth
8
Frequency
quarterly
Beta
0.51
Market Cap
$8.1B
P/E Ratio
13.5
5-Yr Total Return
54%
52-Week Range
$31.63 – $44.14
Dividend Safety
B · 67/100
Ever Cut?
No
HESM ex-dividend date & scheduleNext ex-date May 7, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.04 / yr per share

Per payment (quarterly)$76.00
Annual$304.00
Monthly avg$25.33