CVX vs HESM
Chevron Corporation compared with Hess Midstream LP on yield, payout growth, payment schedule, cost and risk.
Quick take
- HESM yields more today: 7.70% vs 3.39% (forward).
- HESM has grown its payout faster: 10.8%/yr vs 6.0%/yr over the last 5 years.
- Both pay every quarter.
- Over the last year CVX delivered the higher total return: +35.1% vs +6.9% (price change plus payouts).
- CVX raises fewer payout-risk flags on our heuristic (low vs moderate).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CVX | HESM |
|---|---|---|
| Share price | $210.00 | $40.97 |
| TTM yield | 3.36% | 7.53% |
| Forward yield | 3.39% | 7.70% |
| Annual payout per share | $7.12 | $3.156 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Nov 18, 2026 (est.) | Nov 5, 2026 (est.) |
| Payout ratio (earnings) | 67% | 105% |
| 1-year payout growth | +4.3% | +9.0% |
| 5-year payout CAGR | +6.0% | +10.8% |
| Consecutive years of increases | 8 years | 8 years |
| Payout consistency (last 12) | 95/100 | 92/100 |
| 1-year total return | +35.1% | +6.9% |
| 1-year price return | +30.8% | -0.6% |
| Size (market cap / AUM) | 411.9B | 8.4B |
| Years paying | 64.6 | 9.1 |
| Payout risk (heuristic) | Low | Moderate |
| Sector / category | Energy | Energy |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CVX | HESM | |
|---|---|---|
| Shares | 47.6 | 244.1 |
| Income per year | $339 | $770 |
| Income per month (avg) | $28 | $64 |
At forward yields, before taxes. Model CVX · Model HESM
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CVX Nov 18, 2026 | Dec 2, 2026 | $1.78 | Est. |
| CVX Feb 17, 2027 | Mar 3, 2027 | $1.78 | Est. |
| CVX May 19, 2027 | Jun 2, 2027 | $1.78 | Est. |
| HESM Nov 5, 2026 | Nov 19, 2026 | $0.789 | Est. |
| HESM Feb 4, 2027 | Feb 18, 2027 | $0.789 | Est. |
| HESM May 6, 2027 | May 20, 2027 | $0.789 | Est. |
Annual payouts per share
CVXHESM
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CVX or HESM?
HESM currently has the higher trailing yield: CVX yields 3.36% and HESM yields 7.53%. Yield changes daily with price, so check the live figures above.
How often do CVX and HESM pay?
CVX pays every quarter and HESM pays every quarter. CVX's next ex-date is Nov 18, 2026 and HESM's is Nov 5, 2026.
Which has grown its dividend faster, CVX or HESM?
HESM has grown its payout faster: 10.8%/yr vs 6.0%/yr over the last 5 years.
Is CVX or HESM better for income?
It depends on what you are optimising for. CVX and HESM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.