Hess Announces Quarterly Cash Dividend on Preferred Stock

The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock.

The dividend is payable on February 1, 2018 to holders of record at the close of business on January 15, 2018. The depositary shares are listed on the New York Stock Exchange under the symbol HESPRA.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.

The Board of Directors of Hess Corporation (NYSE:HES) also declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 29, 2017 to holders of record at the close of business on December 18, 2017.

Source / More: Hess Corporation

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