Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. The company is headquartered in Houston, Texas and currently employs 195 full-time employees. The company went IPO on 2017-04-05. The company owns oil, gas and produces water handling assets that are located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. Its gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. Its processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM4 Joint Venture, and mentor storage terminal. Its terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars, Johnson's Corner Header System, and other DAPL connections.
Hess Midstream LP has an annual dividend of 1.6453 per share, with a yield of 4.5548%. The dividend is paid quarterly and the last ex-dividend date was May 7, 2026.
Dividend Yield
Annual Dividend
Ex-Dividend Date
4.5548%
$1.6453
May 7, 2026
Payout Frequency
Payout Ratio
Quarterly
99.23%
Dividend History
Ex-Dividend Date
Cash Amount
Record Date
Pay Date
May 7, 2026
$0.7792
May 7, 2026
May 14, 2026
Feb 5, 2026
$0.7641
Feb 5, 2026
Feb 13, 2026
Nov 6, 2025
$0.7548
Nov 6, 2025
Nov 14, 2025
Aug 7, 2025
$0.737
Aug 7, 2025
Aug 14, 2025
May 8, 2025
$0.7098
May 8, 2025
May 14, 2025
Feb 6, 2025
$0.7012
Feb 6, 2025
Feb 14, 2025
Dividend Charts
HESM Dividends
HESM Dividend Growth (YoY)
Follow-Up Questions
What is Hess Midstream LP's current dividend paid and annual dividend?
The current dividend paid by Hess Midstream LP is $0.7792. The annual dividend for Hess Midstream LP is $1.6453
What is Hess Midstream LP's dividend payout ratio?
The dividend payout ratio for Hess Midstream LP is 99.23%
What is the ex-dividend date for HESM?
The ex-dividend date for Hess Midstream LP is May 7, 2026.
How often does Hess Midstream LP pay dividends?
Quarterly. The last time Hess Midstream LP paid dividend was on May 14, 2026