HESM (Hess Midstream LP) Dividends per Share: $2.97 (TTM As of Mar. 2026)


HESM Hess Midstream LP HESM
67 GF Score
Price $39.03
GF Value $24.41
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hess Midstream LP Dividends per Share?

Hess Midstream LP HESM -0.31% 67 Dividends per Share is $2.97 as of Mar. 2026. GuruFocus rates HESM with a GF Score™ of 67/100 and a GF Value™ of $24.41 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Hess Midstream LP's dividends per share for the three months ended in Mar. 2026 was $0.76. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2026 was $2.97. Its Dividend Payout Ratio for the three months ended in Mar. 2026 was 1.16. As of today, Hess Midstream LP's Dividend Yield % is 7.78%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hess Midstream LP is 1.06, which seems too high.

During the past 12 months, Hess Midstream LP's average Dividends Per Share Growth Rate was 9.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hess Midstream LP was 44.00% per year. The lowest was 9.90% per year. And the median was 11.55% per year.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Hess Midstream LP  (NYSE:HESM) Dividends per Share Explanation

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

Hess Midstream LP's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.764/ 0.659
=1.16

During the past 13 years, the highest Dividend Payout Ratio of Hess Midstream LP was 2.30. The lowest was 0.88. And the median was 1.16.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hess Midstream LP is 1.06, which seems too high.

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

Hess Midstream LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7792002026-05-072026-05-072026-05-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.7641002026-02-052026-02-052026-02-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.7548002025-11-062025-11-062025-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.7370002025-08-072025-08-072025-08-14Cash 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 Midstream LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.0351/39.03
=7.78 %

Current Share Price is $39.03.
Hess Midstream LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.0351.

During the past 13 years, the highest Dividend Yield of Hess Midstream LP was 18.45%. The lowest was 1.23%. And the median was 7.19%.

* 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 Midstream LP Dividends per Share Related Terms


Hess Midstream LP Dividends per Share Historical Data

* Premium members only.

The historical data trend for Hess Midstream LP's Dividends per Share can be seen below:

* 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 Midstream LP Dividends per Share Chart

Hess Midstream LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 2.19 2.37 2.64 2.90

Hess Midstream LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.71 0.74 0.76 0.76

HESM vs PAGP, GLNG, INSW: Dividends per Share Comparison

For the Oil & Gas Midstream subindustry, Hess Midstream LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Midstream LP Dividend Yield % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hess Midstream LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hess Midstream LP's Dividend Yield % falls into.


HESM
67GF Score
Hess Midstream LP HESM
Dividends per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Hess Midstream LP Dividends per Share Calculation

Dividends paid to per common share.

Frequently Asked Questions Learn more about Dividends per Share →
What does a Dividends per Share of $2.97 mean?
Hess Midstream LP (HESM) has a Dividends per Share of $2.97 as of Mar. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on Hess Midstream LP and its competitors.
Is Hess Midstream LP's Dividends per Share too high?
Hess Midstream LP's current Dividends per Share is $2.97. Overall, Hess Midstream LP has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hess Midstream LP's Dividends per Share compare to PAGP and GLNG?
Hess Midstream LP's Dividends per Share of $2.97 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for an Oil & Gas company?
A good Dividends per Share depends on the Oil & Gas industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Hess Midstream LP and its competitors. Hess Midstream LP's current Dividends per Share is $2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hess Midstream LP stock overvalued right now?
Based on GuruFocus' analysis, Hess Midstream LP (HESM) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.41, compared to a current price of $39.03 — trading 59.9% above its estimated fair value. The current Dividends per Share is $2.97. Hess Midstream LP's overall GF Score™ is 67/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current Dividends per Share is $2.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hess Midstream LP (HESM) Overvalued in 2026?

Based on GuruFocus' analysis, Hess Midstream LP stock appears to be overvalued. The current stock price of $39.03 is trading 59.9% above its estimated GF Value™ of $24.41. GuruFocus considers Hess Midstream LP to be Significantly Overvalued.

Key valuation signals for HESM:

  • Dividends per Share: $2.97
  • GF Value™: $24.41 vs. price of $39.03 (59.9% above fair value)
  • GF Score™: 67/100 with 9 warning signs

No single metric tells the full story. See the HESM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hess Midstream LP Business Description

Industry EnergyOil & Gas
Address 1400 Smith Street, Houston, TX, USA, 77002
Hess Midstream LP is a fee-based, growth-oriented limited partnership that owns, operates, develops, and acquires a portfolio of midstream assets. The company provides fee-based services to Chevron Corporation and generates all of its revenue by charging fees for gathering, compressing, and processing natural gas, fractionating NGLs, gathering, terminaling, loading, and transporting crude oil and NGLs, storing and terminaling propane, and gathering and disposing of produced water. It operates through gathering, processing, and storage, and terminaling and export segments, with the gathering segment contributing the maximum share of revenue and comprising natural gas gathering and compression, as well as crude oil gathering and produced water gathering and disposal assets.
67GF Score

Get the complete analysis for HESM

Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.03
Price
$24.41
GF Value