Hess Dividends and Buybacks
Dividend criteria checks 5/6
Hess is a dividend paying company with a current yield of 1.53% that is well covered by earnings. Last payment was on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
1.5%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -2.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$2.000 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Hess Corporation: All Avenues Lead To Guyana
Nov 21Hess Corporation: Time Value Clock Is Ticking While Management Remains Silent
Oct 07Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet
Oct 01
Hess Corporation: Manifesting The Time Value Of Money
Aug 01Hess Chevron Merger - Detailed Insight Into The ICC Arbitration Process And Its Impact
Jun 24Hess' (NYSE:HES) Dividend Will Be $0.4375
May 29Hess Corporation: An Attractive Risk/Reward Prospect On Merger Drama (Rating Upgrade)
May 25Hess Corporation: What Has Changed
May 16Hess Corporation And An Acquisition That Might Not Close
Apr 14Hess: Why No Acquisition Premium Is Already A Premium
Feb 13The Hess Merger Is Likely Going Through, Why Buying The Stock Still Makes Sense
Dec 29Hess-Chevron: How We Are Playing The Deal With Venezuela Laying Claim To Stabroek Block
Dec 08CEO John Hess Sells 90-Year Old Hess Corporation To Chevron
Oct 23Hess Corporation: Time To Buy The Dip
Sep 25Hess Corporation: Accelerated Cash Flow Growth
Aug 01Hess Corporation: Guyana Production More Than Triples
May 30Hess Corporation: Bring On That Cash Flow
Feb 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HES's dividends per share have been stable in the past 10 years.
Growing Dividend: HES's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hess Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HES) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast (HES) (up to 3 years) | 1.7% |
Notable Dividend: HES's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: HES's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21%), HES's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.5%), HES's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:08 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hess Corporation is covered by 55 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| Yim Cheng | Barclays |