Hess Midstream Announces Ownership Change and Continues Strong Dividends

Reported 1 day ago

Hess Midstream LP, a midstream energy company, recently announced a shift in ownership, following a secondary public offering of over 15 million Class A shares, resulting in a consolidated ownership of 62.2% by the public and 37.8% by Hess Corporation. Despite these changes, the company maintains a strong dividend policy with a yield of 7.18%, making it an attractive option for investors according to analysts.

Source: YAHOO

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