Hess Midstream Dividends and Buybacks
Dividend criteria checks 2/6
Hess Midstream is a dividend paying company with a current yield of 7.56%.
Key information
7.6%
Dividend yield
5.1%
Buyback Yield
| Total Shareholder Yield | 12.7% |
| Future Dividend Yield | 8.8% |
| Dividend Growth | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.738 |
| Payout ratio | 111% |
Recent dividend and buyback updates
Hess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01
Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.6343
Feb 06Recent updates
Hess Midstream LP's (NYSE:HESM) Popularity With Investors Is Clear
Dec 10Shareholders Will Be Pleased With The Quality of Hess Midstream's (NYSE:HESM) Earnings
Nov 13Hess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01Hess Midstream Operations Are Great And Overshadowed By The Acquisition
Oct 31Hess Midstream: Insider Sales Continue
Sep 20Is Hess Midstream (NYSE:HESM) Using Too Much Debt?
Sep 14An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 30% Undervalued
Aug 22Hess Midstream LP's (NYSE:HESM) Earnings Haven't Escaped The Attention Of Investors
Jul 16Hess Midstream: One Of The Strongest Buys In The Midstream Space
Jul 14Hess Midstream: Beyond 7.3% Yield, A Perfect Investment For Income And Growth
Jun 08Shareholders Can Be Confident That Hess Midstream's (NYSE:HESM) Earnings Are High Quality
May 14Hess Midstream LP Just Missed Earnings - But Analysts Have Updated Their Models
Apr 28Hess Midstream: Q1 Results Suggest Growth Trajectory Is On Track
Apr 27An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 25% Undervalued
Apr 11Hess Midstream Could Become An Acquisition Target
Mar 16Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.6343
Feb 06Hess Midstream: A 7%-Yielding Billionaire-Like Income Play
Jan 29Hess Midstream: Taking To 'Hold' On Valuation And Parent Acquisition
Dec 19Hess Midstream Offers A Secure 8% Yield With Possible M&A Upside
Nov 07Hess Midstream Looks Well Positioned For 2024
Oct 04Hess Midstream: Best In Class With A Reliable Dividend
Sep 27Hess Midstream: An 8.3% Dividend Yield Is A Gift For Value Investors
Aug 26Hess Midstream: Growing Value Through Dividend Increases And Share Repurchases
Jun 22Hess Corporation: Tough Headwinds On The Horizon
May 31Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HESM has been paying a dividend for less than 10 years.
Growing Dividend: HESM's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Hess Midstream Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HESM) | 7.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast (HESM) (up to 3 years) | 8.8% |
Notable Dividend: HESM's dividend (7.56%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: HESM's dividend (7.56%) is in the top 25% of dividend payers in the US market (4.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111%), HESM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.2%), HESM's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:32 |
| End of Day Share Price | 2024/12/20 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 |
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* 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 Midstream LP is covered by 13 analysts. 5 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 |
|---|---|
| Douglas Irwin | Citigroup Inc |
| Spiro Dounis | Credit Suisse |
| John Mackay | Goldman Sachs |