Hess Midstream: Beyond 7.3% Yield, A Perfect Investment For Income And Growth

Jun. 08, 2024 3:15 AM ETHess Midstream LP (HESM) StockHESM55 Comments
(13min)

Summary

  • Americans have more investment income than ever before, creating a divide between the "haves" and "have-nots."
  • Hess Midstream LP is a strong income investment option, offering stability through long-term contracts and a 7.3% yield.
  • HESM has strong fundamentals, including a healthy balance sheet and a commitment to 5% annual dividend growth.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT® on Alpha. Learn More »

Money and Flag

Bill Oxford

Introduction

"Americans Have More Investment Income Than Ever Before." is a headline the Wall Street Journal ran a few days ago.

To me, this is a highly fascinating title that highlights a topic I will discuss (a lot) more in the

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This article was written by

42.89K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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