Hess Midstream Partners (HESM) - Dividend History
As of November 2024: Dividend Yield 5.42%, Dividend Growth per Year 8.73%, Consistency of Payouts 100.00%
Yield 12m
5.42%
Cash Amount 12m
1.95
Dividend Growth 5y avg
8.73%
Overall Dividend Rating
89.68%
Yield on Cost 5y
14.23%
Payout Consistency Overall
100.00%
Payout Frequency 12m
3
Payout Ratio current
111.79%
Total Return 12m: 23.83%
Total Return 5y: 162.75%
Dividends Cash Amount per Share Yearly
Number of Payouts Yearly
5 Years Chart with Price, Cash Amount and Yield
Dividend History - Last 29 Dividends (Paid in USD)
| Date | Period | Cash Amount | Growth Rate | Yield @ Date |
|---|---|---|---|---|
| 2024-08-08 | Quarterly | 0.6677 | 2.5% | 1.91% |
| 2024-05-01 | Quarterly | 0.6516 | 2.7% | 1.95% |
| 2024-02-07 | Quarterly | 0.6343 | 2.7% | 1.93% |
| 2023-11-01 | Quarterly | 0.6175 | 2.7% | 2.09% |
| 2023-08-02 | Quarterly | 0.6011 | 2.7% | 1.96% |
| 2023-05-03 | Quarterly | 0.5851 | 2.7% | 2.04% |
| 2023-02-01 | Quarterly | 0.5696 | 1.2% | 1.88% |
| 2022-11-02 | Quarterly | 0.5627 | 1.2% | 1.98% |
| 2022-08-03 | Quarterly | 0.5559 | 1.2% | 1.91% |
| 2022-05-04 | Quarterly | 0.5492 | 6.3% | 1.84% |
| 2022-02-02 | Quarterly | 0.5167 | 1.2% | 1.78% |
| 2021-11-03 | Quarterly | 0.5104 | 1.2% | 2.02% |
| 2021-08-06 | Quarterly | 0.5042 | 11.4% | 2% |
| 2021-04-30 | Quarterly | 0.4526 | 1.2% | 2.02% |
| 2021-02-03 | Quarterly | 0.4471 | 1.2% | 2.1% |
| 2020-11-04 | Quarterly | 0.4417 | 1.2% | 2.72% |
| 2020-08-05 | Quarterly | 0.4363 | 1.2% | 2.35% |
| 2020-05-01 | Quarterly | 0.431 | 1.2% | 2.61% |
| 2020-02-05 | Quarterly | 0.4258 | 3.6% | 1.83% |
| 2019-11-01 | Quarterly | 0.4112 | 3.6% | |
| 2019-08-02 | Quarterly | 0.397 | 3.6% | |
| 2019-05-02 | Quarterly | 0.3833 | 3.6% | |
| 2019-02-01 | Quarterly | 0.3701 | 3.5% | |
| 2018-11-02 | Quarterly | 0.3575 | 3.6% | |
| 2018-08-01 | Quarterly | 0.3452 | 3.6% | |
| 2018-05-03 | Quarterly | 0.3333 | 3.6% | |
| 2018-02-01 | Quarterly | 0.3218 | 3.6% | |
| 2017-11-02 | Quarterly | 0.3107 | ||
| 2017-08-02 | Other | 0.2703 | -13% |
What is the Dividend Yield of HESM?
HESM`s 5.42% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.95 USD by the current stock price of 36.07.What is the Growth Rate of HESM?
The Average Dividend Growth Rate of 8.73% per year in the last 5-Years showcases HESM`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.What is the Yield on Cost of HESM?
The 14.23% Yield on Cost is the effective dividend income you'd receive today if you purchased Hess Midstream Partners five years ago. It is calculated by the Rate of the last 12 Months (1.95) divided by the price 5 years ago (13.73).What is the Payout Consistency of HESM?
HESM`s 100.00% Payout Consistency shows Stability (Values above 85%) or Fragility (Values under 60%). Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.What is the Dividend Rating of HESM?
The Overall Dividend Rating of 89.68 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Consistency of Payouts and Growth Rates over time.Does HESM have a good Dividend Yield?
HESM`s 5.42% Dividend Yield is considered as: good.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.
What is the next Dividend Date for HESM?
The next Dividend Date for HESM is unknown.What is the Dividend Payout Ratio of HESM?
The Dividend Payout Ratio of HESM is 111.79%.
A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession.
If it’s over 80-90%, it could be a red flag that dividends might not be sustainable.
However, certain sectors have exceptions due to regulatory requirements or industry norms.
For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard.
Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability.
If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.