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Hess (HES) 3-Year Dividend Growth Rate

: 20.50% (As of Dec. 2023)
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Hess's Dividends per Share for the three months ended in Dec. 2023 was $0.44.

The historical rank and industry rank for Hess's 3-Year Dividend Growth Rate or its related term are showing as below:

HES' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -16.7   Med: 20.5   Max: 35.7
Current: 20.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hess was 35.70% per year. The lowest was -16.70% per year. And the median was 20.50% per year.

HES's 3-Year Dividend Growth Rate is ranked better than
57.7% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs HES: 20.50

During the past 12 months, Hess's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Hess's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27. As of today, Hess's Dividend Yield % is 1.16%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas E&P subindustry, Hess's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hess 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Hess's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Hess's 3-Year Dividend Growth Rate falls into.



Hess 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Hess  (NYSE:HES) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hess's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.438/ 1.63
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Hess was 0.49. The lowest was 0.23. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hess Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4382024-03-152024-03-182024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4382023-12-152023-12-182023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4382023-09-152023-09-182023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4382023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hess's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.752/150.38
=1.17 %

Current Share Price is $150.38.
Hess's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.752.

During the past 13 years, the highest Dividend Yield of Hess was 3.26%. The lowest was 0.51%. And the median was 1.50%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hess 3-Year Dividend Growth Rate Related Terms>


Hess (HES) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hess Corp (NYSE:HES) » Definitions » 3-Year Dividend Growth Rate
Traded in Other Exchanges
Address
1185 Avenue of the Americas, New York, NY, USA, 10036
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 344 thousand barrels of oil equivalent per day in 2022, at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Executives
Barbara J Lowery-yilmaz officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Andrew P Slentz officer: Senior Vice President 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gregory P. Hill officer: Executive Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John P Rielly officer: Senior Vice President 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Richard D. Lynch officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Timothy B. Goodell director, officer: Executive Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Geurt G Schoonman officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Hess director, 10 percent owner, officer: Chairman of the Board and CEO C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lisa Glatch director EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Marc S Lipschultz director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 37TH FLOOR, NEW YORK NY 10022
Karyn F. Ovelmen director STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Michael R Turner officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Terrence J. Checki director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Edith E Holiday director FRANKLIN RESOURCES INC, 901 MARINERS ISLAND BLVD 6TH FL, SAN MATEO CA 94404