On April 27, 2026, the Board of Directors of Hess Midstream’s General Partner declared a quarterly cash distribution of $0.7792 per Class A share for the first quarter of 2026, an increase of $0.0151 per Class A share as compared with the fourth quarter of 2025. This increase is supported by the reduction in total Hess Midstream LP (HESM) shares and Hess Midstream Operations LP units following the accretive repurchases in the first quarter of 2026. The distribution is expected to be paid on May 14, 2026, to shareholders of record as of the close of business on May 7, 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HESM:
- HESM Earnings this Week: How Will it Perform?
- Hess Midstream LP raises quarterly dividend to 77.9c per share from 76.4c
- Hess Midstream LP downgraded to Sell from Neutral at Goldman Sachs
- Hess Midstream LP price target raised to $42 from $38 at Morgan Stanley
- Hess Midstream Announces Unit Repurchase and Share Buyback
