Does Hess Midstream LP owns and (HESM) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Hess Midstream LP owns and (HESM) pays a dividend with an approximate yield of ~8% as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does Hess Midstream LP owns and (HESM) pay a dividend?
Yes. Hess Midstream LP owns and distributes an approximate ~8% yield (early 2026), usually quarterly. HESM trades like an income-oriented midstream partnership, with a high single-digit distribution yield and mid-teens P/E supported by contracted, fee-based cash flow. Enterprise value sits near $11.6 billion, reflecting partnership leverage on top of the roughly $7.8 billion equity value. Valuation multiples are broadly in line with fee-based midstream peers, with the yield doing much of the work in the total-return case.
HESM dividend at a glance
| 2026-05-07 | $0.779 |
| 2026-02-05 | $0.764 |
| 2025-11-06 | $0.755 |
| 2025-08-07 | $0.737 |
| 2025-05-08 | $0.71 |
| 2025-02-06 | $0.701 |
HESM dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with HESM's investor relations page before relying on it.
How to think about HESM's dividend
- Yield is a snapshot: ~8% today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like HESM.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the HESM dividend
Hess Midstream LP owns and (HESM) pays an approximate ~8% dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the HESM guide. Walnut can show how HESM fits your real portfolio. It is not an investment adviser.
Build a basket around HESM with Walnut
Use Hess Midstream LP owns and as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does Hess Midstream LP owns and (HESM) pay a dividend?
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Hess Midstream LP owns and has an approximate dividend yield of ~8% (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or HESM's investor relations page.
What is HESM's dividend yield?
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Approximately ~8% as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does HESM pay its dividend?
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US companies that pay dividends, like Hess Midstream LP owns and if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on HESM's investor relations page before relying on the timing.
Can I reinvest HESM dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any HESM dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is HESM a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~8% yield, HESM is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
What is HESM's dividend yield?
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As of mid-2026 the distribution yield was roughly 8%, with a quarterly Class A distribution near $0.78 per unit. Management targets at least 5% annual distribution growth through 2028 and has raised the payout for eight consecutive years.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with HESM's investor relations page or your broker.