NEW YORK--(BUSINESS WIRE)--Apr. 4, 2016--
The Board of Directors of Hess Corporation (NYSE:HES) today declared a
quarterly cash dividend of $18 per share on the Company’s 8.00% Series A
Mandatory Convertible Preferred Stock, which is equivalent to $0.90 per
depositary share, each representing 1/20th interest in a share of Series
A preferred stock. The dividend is payable on May 2, 2016 to holders of
record at the close of business on April 15, 2016. 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. More
information on Hess Corporation is available at http://www.hess.com.
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Source: Hess Corporation
Jay Wilson, 212-536-8940
Verbinnen & Co
Michael Henson/Patrick Scanlan, 212-687-8080