# Hess Midstream LP (HESM): Dividend & Fundamentals

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- Sector: Energy · Industry: Oil & Gas Midstream
- Exchange: NYSE · Trading currency: USD

Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and...

## Quote & Key Metrics

As of 2026-10-22:

| Metric | Value |
|---|---|
| Price | $29.86 USD |
| Market Cap | $6.16B |
| P/E (TTM) | 10.30 |
| EPS (TTM) | $2.90 |
| 52-Week Range | $29.85 – $41.44 |
| Dividend Yield (TTM) | 10.34% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 10.34% |
| Annual Dividend (TTM) | $3.09 /share |
| Annual Dividend (Forward) | $3.16 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 9 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 7.0% / 9.5% / 9.4% / — |
| Payout Ratio (EPS, TTM) | 104.7% |
| Payout Ratio (FCF, TTM) | 56.1% |
| Payout Ratio (EPS, forward dividend) | 108.8% |
| Payout Ratio (FCF, forward dividend) | 58.3% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-08-06 | $0.7888 | 2026-08-14 |
| 2026-05-07 | $0.7792 | 2026-05-14 |
| 2026-02-05 | $0.7641 | 2026-02-13 |
| 2025-11-06 | $0.7548 | 2025-11-14 |
| 2025-08-07 | $0.7370 | 2025-08-14 |
| 2025-05-08 | $0.7098 | 2025-05-14 |
| 2025-02-06 | $0.7012 | 2025-02-14 |
| 2024-11-07 | $0.6846 | 2024-11-14 |
| 2024-08-08 | $0.6677 | 2024-08-14 |
| 2024-05-01 | $0.6516 | 2024-05-14 |
| 2024-02-07 | $0.6343 | 2024-02-14 |
| 2023-11-01 | $0.6175 | 2023-11-14 |

Full history: https://www.dividenddata.com/stocks/hesm/dividend

## Frequently Asked Questions

### What does Hess Midstream LP do?

Hess Midstream LP (HESM) operates in the Oil & Gas Midstream industry within the Energy sector. Full company description, peers, and segment breakdown are on the page above.

### What is HESM's market cap?

Hess Midstream LP (HESM) has a market capitalization of approximately $6.16 billion, as of October 22, 2026, based on the most recent share price and shares outstanding.

### Does HESM pay a dividend?

Yes, Hess Midstream LP (HESM) pays a dividend quarterly, with a trailing-twelve-month yield of 10.34%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does HESM pay dividends?

Hess Midstream LP pays dividends quarterly. The forward annual rate is $3.16 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is HESM's payout ratio?

Hess Midstream LP's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/hesm
- Dividend history & safety: https://www.dividenddata.com/stocks/hesm/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/hesm/earnings
- Financial statements: https://www.dividenddata.com/stocks/hesm/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/hesm/valuation
- Peer comparison: https://www.dividenddata.com/stocks/hesm/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.