Hess Midstream Partners LP sees rising dividends and institutional investment

Hess Midstream Partners LP, a natural gas producer and processor operating primarily in the Bakken and Three Forks Shale regions, has seen significant institutional interest and dividend growth. As of late August, the company's dividend yield reached approximately 7.8%. The company has a history of quarterly dividend increases, with the mid-August payout being 7% higher than the previous year and 56% higher than five years ago.

Recent SEC filings indicate substantial activity from institutional investors. Jupiter Topco LLC acquired a new position of 56,416 shares valued at approximately $2.12 million during the second quarter. Other major firms have also adjusted their holdings, including Goldman Sachs Group Inc., which increased its stake by 3.8%, and Invesco Ltd., which raised its position by 10.7%. Alps Advisors Inc. and Bank of New York Mellon Corp also reported increased holdings. Currently, institutional investors and hedge funds own approximately 98.97% of the stock.