Is Hess Midstream LP a good dividend stock?

Hess Midstream LP (HESM) is a dividend-paying stock with a current dividend yield of 7.52%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is HESM's dividend yield?

The dividend yield for HESM stock is currently 7.52%.

How much does HESM pay in dividends per year?

Hess Midstream LP pays an annual dividend of $3.0351 per share over the trailing twelve months.

How often does HESM pay dividends?

HESM stock pays dividends quarterly.

Is HESM's dividend growing?

Hess Midstream LP's 3-year dividend CAGR is 10.1%.

HESM Stock Price, Chart, Stats & News

Hess Midstream LP

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Overview Dividend safety Dividends Fundamentals

Hess Midstream LP (HESM) is a dividend-paying stock with a current dividend yield of 7.52% as of Jul 17, 2026. It pays $3.04 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 11.29% 5-year compound annual rate.

8.34B

Market cap

13.96x

Current P/E

14.22x

Forward P/E

7.52%

Dividend yield

$3.04

HESM dividend

Dividend safety

At-risk

HESM pays out about 105% of earnings, leaving little safety margin.

See the safety analysis

HESM chart

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Fundamentals

Gross margin	74.99%
Operating margin	62.24%
Pretax margin	49.30%
Net margin	21.79%
Effective tax rate	14.25%
ROA	8.04%
ROE	59.38%
D/E	6.64x
Interest coverage ratio	4.47x

All financials

HESM valuation

P/E	13.96x
P/S	5.12x
P/B	9.06x
P/CF	5.23x
P/FCF	14.18x
P/OCF	5.23x
PEG	10.29x
EV multiple	3.65x

About

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.