Cramer Likes Hess Midstream for Its High Dividend Yield

A caller to Mad Money asked Jim Cramer about Hess Midstream (NYSE:HESM), which has a 7% dividend yield and a history of raising its quarterly distribution.

Cramer liked the stock, saying 'I think you have a winner.'

The company's distribution record shows that every payment since 2017 has been larger than the one before it, with no cuts or flat quarters.

Hess Midstream is a publicly traded partnership that handles oil and gas gathering, processing, transportation, and storage for its anchor customer, Hess Corporation, which was acquired by Chevron (NYSE:CVX).