Hess Corp. (HES) Raises Quarterly Dividend 50% to $0.375; 1.5% Yield

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Hess Announces 50% Increase in Quarterly Dividend on Common Stock; Provides Updated Guidance

March 1, 2022 4:15 PM EST

Company announces repayment of remaining $500 million of term loan Provides updated guidance for first quarter and full year production and cash costs; reaffirms fourth quarter production guidance

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 37.5 cents per share payable on Hess Corporation Common Stock, an increase of 50% from the previously paid quarterly dividend of 25 cents per share. The dividend is payable on March 30, 2022 to stockholders of record as of the close of... More