Hess Midstream Partners LP Common Limited Partner Interests (HESM) Dividends
Dividend Yield and Dividend History Highlights
- HESM's compound annual growth rate of its cash flow over the past 4.25 years is 0.33% -- which is higher than about 85.63% stocks we're looking at.
- As for its free cash flow/dividend ratio, HESM's comes in at -12.96 -- better than merely 12.03% of other US-listed dividend issuers.
- HESM has an EBITDA to net debt ratio of 0.15; for context, that's better than just 19.93% stocks in our set.
- As for stocks whose price is uncorrelated with HESM's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: STAF, REYN, MPX, PINC and TRIB.
HESM Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $35.21 | $1009.34 | 3187.77% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of HESM, the DDM model, as implemented by StockNews, implies a positive return of 3187.77% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Hess Midstream LP are:
- Hess Midstream LP's market cap of $1 billion US dollars puts it in the small-sized market cap class; here, it has a lower equity discount rate than 98.51% of stocks.
- In terms of opportunity, Hess Midstream LP's estimated return of 3187.77% surpasses about 96.99% of dividend issuers we applied the dividend discount model to.
- Beta, a measure of volatility relative to the stock market overall, is lower for HESM than it is for 95.24% of other equities in the Energy sector that also issue dividends.
HESM Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-07 | Dividend | $0.63 | +2.59% |
| 2023-11-01 | Dividend | $0.62 | +2.83% |
| 2023-08-02 | Dividend | $0.60 | +2.74% |
| 2023-05-03 | Dividend | $0.59 | +2.63% |
| 2023-02-01 | Dividend | $0.57 | +1.24% |
| 2022-11-02 | Dividend | $0.56 | +1.26% |
| 2022-08-03 | Dividend | $0.56 | +1.28% |
| 2022-05-04 | Dividend | $0.55 | +6.19% |
| 2022-02-02 | Dividend | $0.52 | +1.37% |
| 2021-11-03 | Dividend | $0.51 | +1.19% |
| 2021-08-06 | Dividend | $0.50 | +11.26% |
| 2021-04-30 | Dividend | $0.45 | +1.34% |
| 2021-02-03 | Dividend | $0.45 | +1.13% |
| 2020-11-04 | Dividend | $0.44 | +1.38% |
| 2020-08-05 | Dividend | $0.44 | +1.16% |
| 2020-05-01 | Dividend | $0.43 | +1.17% |
| 2020-02-05 | Dividend | $0.43 | +3.65% |
| 2019-11-01 | Dividend | $0.41 | +3.53% |
| 2019-08-02 | Dividend | $0.40 | +3.66% |
| 2019-05-02 | Dividend | $0.38 | +3.51% |
| 2019-02-01 | Dividend | $0.37 | +3.64% |
| 2018-11-02 | Dividend | $0.36 | +3.48% |
| 2018-08-01 | Dividend | $0.35 | +3.60% |
| 2018-05-03 | Dividend | $0.33 | +3.42% |
| 2018-02-01 | Dividend | $0.32 | +3.54% |
| 2017-11-02 | Dividend | $0.31 | +15.19% |
| 2017-08-02 | Dividend | $0.27 | -- |
HESM Dividends vs. Peers
HESM's dividend yield currently ranks #7 of 9 vs. its peers in the MLPs - Gas category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | TGP | Teekay LNG Partners L.P. | 0.00% |
| 2 | HMLP | Hoegh LNG Partners LP Common Units representing Limited Partner Interests | 0.00% |
| 3 | AMID | American Midstream Partners, LP Common Units representing Limited Partner Interests | 0.00% |
| 4 | GMLP | Golar LNG Partners LP - Common Limited Partnership | 0.00% |
| 5 | SPH | Suburban Propane Partners, L.P. | 0.00% |
| 6 | APU | AmeriGas Partners, L.P. | 0.00% |
| 7 | HESM | Hess Midstream Partners LP Common Limited Partner Interests | 0.00% |
| 8 | SXE | Southcross Energy Partners, L.P. | 0.00% |
| 9 | AMGP | Antero Midstream GP LP of Beneficial Interests | 0.00% |
Looking for More Information on HESM dividends?
Want to do more research on Hess Midstream LP's dividends? Try the links below:Hess Midstream LP Common Stock (HESM) Dividend History | Nasdaq
Dividend History for Hess Midstream LP (HESM) - Dividend Investor
Hess Midstream LP (HESM) Dividend History - Seeking Alpha