Hess Corporation Surges to 280th in Trading Volume with $286 Million in Shares Traded

On April 28, 2025, Hess Corporation (HES) saw a significant increase in trading volume, with a total of $286 million in shares traded, marking a 97.43% rise from the previous day. This surge placed Hess in the 280th position in terms of trading volume for the day. The stock price of Hess also rose by 1.13%.

Hess Corporation recently announced that it will go ex-dividend on March 17, 2025. This means that shareholders who own the stock before this date will be eligible to receive a dividend of $0.50 per share. The record date for this dividend is also March 17, 2025, and the payment date is set for March 31, 2025. This dividend represents an annualized payout of $2.00 per share, with a yield of 1.51%.

Hess Corporation's dividend payout ratio is an important metric for investors to consider. This ratio indicates the percentage of a company's earnings that are paid out as dividends to shareholders. A higher payout ratio may suggest that a company is distributing a larger portion of its earnings to shareholders, which can be attractive to income-focused investors. However, it is also important to consider the sustainability of the dividend payout, as a high payout ratio may indicate that a company is distributing a significant portion of its earnings, which could limit its ability to reinvest in growth opportunities.