About Hess Corporation (HES) — Dividend Analysis 2026
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent. The company was incorporated in 1920 and is headquartered in New York, New York.
Is HES a good dividend investment in 2026?
HES offers a 1.34% forward yield with a 50% payout ratio. Strand Safety Score: 60/100 (Moderate Risk). The 5-year dividend CAGR of 79.8% demonstrates strong, consistent growth that outpaces inflation.
HES DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HES portfolio grows to $8.64M vs $8.02M without reinvestment. This is the compound interest effect in action.
HES dividend growth history & forecast
HES has grown its dividend by 0% over the last year and 79.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.34%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+2.8B → +1.4B → +2.1B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
60
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 HES Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HES.
Gross yield
1.34%
Tax rate
15.00%
After-tax yield
1.14%
Real yield (−CPI)
-1.66%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.34%
-1.46%
$134 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.14%
-1.66%
$114 / yr
🇺🇸 US Taxable (20%)
20%
1.07%
-1.73%
$107 / yr
🇬🇧 UK ISA
0%
1.34%
-1.46%
$134 / yr
🇬🇧 UK Taxable
8.75%
1.22%
-1.58%
$122 / yr
🇨🇦 TFSA
0%
1.34%
-1.46%
$134 / yr
🇨🇦 CA Taxable
25%
1.01%
-1.79%
$101 / yr
🇦🇺 Super (pension)
15%
1.14%
-1.66%
$114 / yr
🇦🇺 AU Taxable
30%
0.94%
-1.86%
$94 / yr
🇩🇪 DE Taxable
26.375%
0.99%
-1.81%
$99 / yr
🇫🇷 FR Taxable
30%
0.94%
-1.86%
$94 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 HES Income Goal & Break-Even
Dividend Break-Even
8yr
Years for dividends to fully repay your HES investment of $148.97/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$96.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$93.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HES for:
Shares needed
14,118
Capital required
$2,103,158
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HES Dividend Payment Schedule
HES pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 HES vs Energy Benchmarks
How HES compares to typical Energy averages.
Benchmark: Energy
Dividend Yield▼-3.26% vs sectorBelow avg
HES
1.34%
avg
4.60%
5Y Dividend CAGR▲+74.00% vs sectorBetter
HES
79.80%
avg
5.80%
Payout Ratio▲-2.00% vs sectorBetter
HES
50.00%
avg
52.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HES sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HES Insider Activity
No recent SEC filings reported in the last 90 days.
🎯
Analyst Price Target
Wall Street consensus
Current Price
$148.97
Analyst Target
$148.19
Upside / Downside
-0.5%
Range
$86.00 – $199.00
💡 If HES reaches the analyst target of $148.19, investors buying today at $148.97 would see an effective yield of 1.35% on shares purchased at target price — vs 1.34% at current price.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
🔬
Financial Health Scores
Altman Z-Score
3.09
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
4/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the HES dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →