Hess About To Put More Money In Your Pocket

On 9/14/20, Hess will trade ex-dividend, for its quarterly dividend of $0.25, payable on 9/30/20. As a percentage of HES’s recent stock price of $46.42, this dividend works out to approximately 0.54%, so look for shares of Hess to trade 0.54% lower — all else being equal — when HES shares open for trading on 9/14/20.

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Below is a dividend history chart for HES, showing historical dividends prior to the most recent $0.25 declared by Hess:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HES is likely to continue, and whether the current estimated yield of 2.15% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HES shares, versus its 200 day moving average:

Looking at the chart above, HES’s low point in its 52 week range is $26.06 per share, with $74.11 as the 52 week high point — that compares with a last trade of $46.38.

In Thursday trading, Hess shares are currently off about 1.1% on the day.

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