Hess Midstream LPHESM +1.31%67 Dividend Yield % is 8.02% as of Jun. 25, 2026, which is 12% above its 10-year median of 7.19. GuruFocus rates HESM with a GF Score™ of 67/100 and a GF Value™ of $24.43 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 500 Oil & Gas companies, Hess Midstream LP ranks better than 86.2% on this metric.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Hess Midstream LP is 8.02%.
Good Sign:
Hess Midstream LP stock Dividend Yield % is close to 5-year high.
The historical rank and industry rank for Hess Midstream LP's Dividend Yield % or its related term are showing as below:
HESM'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.23 Med: 7.19 Max: 18.45
Current: 8.02
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%.
HESM's Dividend Yield % is ranked better than 86.2% of 500
companies
in the Oil & Gas industry
Industry Median: 3.825
vs HESM: 8.02
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 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.
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.
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.
The growth rate is calculated with least square regression.
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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Hess Midstream LP Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Hess Midstream LP's Dividend Yield % 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.
HESM vs PAGP, GLNG, INSW: Dividend Yield % 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.
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 0.779200
2026-05-07
2026-05-07
2026-05-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.764100
2026-02-05
2026-02-05
2026-02-13
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.754800
2025-11-06
2025-11-06
2025-11-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.737000
2025-08-07
2025-08-07
2025-08-14
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 (HESM) has a Dividend Yield % of 8.02% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Hess Midstream LP and its competitors. This is 12% above median its historical median of 7.19. Over the past decade, Hess Midstream LP's Dividend Yield % has ranged from 1.23 to 18.45. According to the industry distribution chart, Hess Midstream LP ranks #69 out of 500 companies in the Oil & Gas industry, placing it in the top 13.8%.
Is Hess Midstream LP's Dividend Yield % too high?
Hess Midstream LP's current Dividend Yield % of 8.02% is 12% above median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 18.45. The Oil & Gas industry median Dividend Yield % is 3.83. Hess Midstream LP's value of 8.02% is 109.7% above this industry median. Based on the distribution chart, Hess Midstream LP ranks #69 out of 500 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 Dividend Yield % compare to PAGP and GLNG?
According to the Oil & Gas industry distribution chart, Hess Midstream LP ranks #69 out of 500 companies for Dividend Yield %. This places Hess Midstream LP in the top 14% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 3.83. Hess Midstream LP's value of 8.02% is 109.7% above this benchmark. Historically, Hess Midstream LP's own Dividend Yield % has ranged from 1.23 to 18.45 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 3.83, Hess Midstream LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Oil & Gas company?
The median Dividend Yield % among Oil & Gas companies is 3.83, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hess Midstream LP's current Dividend Yield % of 8.02% is 109.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Hess Midstream LP and its competitors. For the Oil & Gas industry, the median Dividend Yield % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hess Midstream LP's current Dividend Yield % is 8.02%, which is 12% above median its own 10-year median of 7.19. 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 $24.43, compared to a current price of $37.77 — trading 54.6% above its estimated fair value. The current Dividend Yield % is 8.02%, which is 12% above median its 10-year median of 7.19 and 109.7% above the Oil & Gas industry median of 3.83. Hess Midstream LP's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current Dividend Yield % is 8.02% as of Jun. 25, 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 $37.77 is trading 54.6% above its estimated GF Value™ of $24.43.
GuruFocus considers Hess Midstream LP to be Significantly Overvalued.
Key valuation signals for HESM:
Dividend Yield %: 8.02% (12% above median its 10-year median of 7.19)
GF Value™: $24.43 vs. price of $37.77 (54.6% above fair value)
Industry Position: 109.7% above the Oil & Gas median (#69 of 500)
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 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
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