By Connor Hart
Hess Midstream increased its dividend to 70.1 cents from 68.5 cents.
The new dividend, equal to $2.80 a year, represents an annual yield of about 7% based on Monday's closing price of $40.19.
The owner of oil and gas assets said Monday that the higher dividend will be paid Feb. 14 to shareholders of record as of Feb. 6.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
January 27, 2025 18:04 ET (23:04 GMT)
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