Hess Midstream Partners LP (HESM) Raises Quarterly Dividend 2.7% to $0.6175; 8.2% Yield

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Go back to Hess Midstream Partners LP (HESM) Raises Quarterly Dividend 2.7% to $0.6175; 8.2% Yield

Hess Midstream LP Announces Distribution Per Share Level Increase

October 23, 2023 5:40 PM EDT

HOUSTON--(BUSINESS WIRE)-- Hess Midstream LP (NYSE: HESM) (Hess Midstream), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.6175 per Class A share for the quarter ended September 30, 2023. The distribution represents an approximate 2.7% increase in the quarterly distribution per Class A share for the third quarter of 2023 as compared to the second quarter of 2023. This increase consists of an approximate 1.5% increase in Hess Midstreams distribution level per Class A share in addition to the quarterly 1.2% increase per Class A share consistent with its target... More