Hess Announces Regular Quarterly Dividend On Common Stock

Rhea-AI Summary

The Board of Directors of Hess Corporation (NYSE: HES) announced a quarterly dividend of 37.5 cents per share, payable on September 30, 2022. Shareholders must hold shares by September 19, 2022 to receive this dividend. Hess Corporation is a prominent independent energy company focused on crude oil and natural gas exploration and production. The dividend reflects the company's commitment to returning value to shareholders while maintaining operations in the energy sector.

Positive

• Quarterly dividend of 37.5 cents per share demonstrates commitment to shareholder returns.

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• None.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 37.5 cents per share payable on the Common Stock of the Corporation on September 30, 2022 to holders of record at the close of business on September 19, 2022.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907006266/en/

For Hess Corporation

Investor Contact:

Jay Wilson

(212) 536-8940

Media Contact:

Lorrie Hecker

(212) 536-8250

lhecker@hess.com

Source: Hess Corporation

FAQ

What is the dividend amount declared by Hess Corporation?

Hess Corporation declared a quarterly dividend of 37.5 cents per share.

When will Hess Corporation pay its declared dividend?

The dividend will be paid on September 30, 2022.

What is the record date for the dividend payment by Hess Corporation?

The record date is September 19, 2022.

How often does Hess Corporation pay dividends?

Hess Corporation typically pays dividends on a quarterly basis.

What does the dividend declaration indicate about Hess Corporation's financial health?

The dividend declaration indicates Hess Corporation's commitment to returning value to shareholders, suggesting a stable financial position.