WES Dividend History & Analysis | 11.7% Yield

WES has a dividend yield of 11.7% and paid 3.64 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 11.67%
Payout Ratio 105.9%
Growth Rate CAGR 5y 29.85%
Consistency Lifetime 95.6%
Yield on Cost 5y 33.49%
Payout FCF 94.9%
Streak Years 13
Dividend Rating 93.99%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
TK 855 M 13.3% 64.9%
BWLP 2,368 M 11.6% 44.8%
TRMD 2,508 M 10.2% 45.2%
LPG 1,265 M 9.46% 39.1%
ET 63,346 M 9.34% 27.9%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
TEN 821 M 82.1% 82.8%
TRGP 43,249 M 75.0% 90.5%
EE 4,259 M 77.6% 100%
FRO 6,363 M 83.7% 44.3%
NAT 881 M 56.5% 80.3%

Quality Dividend Peers in Oil & Gas Storage & Transportation

WES Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-02 2026-02-02 2026-02-13 Quarterly 0.91 0% 2.29%
2025-10-31 2025-10-31 2025-11-14 Quarterly 0.91 0% 2.42%
2025-08-01 2025-08-01 2025-08-14 Quarterly 0.91 0% 2.3%
2025-05-02 2025-05-02 2025-05-15 Quarterly 0.91 4% 2.47%
2025-02-03 2025-02-03 2025-02-14 Quarterly 0.875 0% 2.2%
2024-11-01 2024-11-01 2024-11-14 Quarterly 0.875 0% 2.38%
2024-08-01 2024-08-01 2024-08-14 Quarterly 0.875 0% 2.17%
2024-04-30 2024-05-01 2024-05-15 Quarterly 0.875 52.2% 2.51%
2024-01-31 2024-02-01 2024-02-13 Quarterly 0.575 0% 1.97%
2023-10-31 2023-11-01 2023-11-13 Quarterly 0.575 2.1% 2.17%
2023-07-28 2023-07-31 2023-08-14 Quarterly 0.563 -34.2% 2.05%
2023-04-28 2023-05-01 2023-05-15 Quarterly 0.856 71.2% 3.32%
2023-01-31 2023-02-01 2023-02-13 Quarterly 0.5 0% 1.82%
2022-10-28 2022-10-31 2022-11-14 Quarterly 0.5 0% 1.77%
2022-07-29 2022-08-01 2022-08-12 Quarterly 0.5 0% 1.83%
2022-04-29 2022-05-02 2022-05-13 Quarterly 0.5 52.9% 2.03%
2022-01-28 2022-01-31 2022-02-14 Quarterly 0.327 1.2% 1.39%
2021-10-29 2021-11-01 2021-11-12 Quarterly 0.323 1.3% 1.5%
2021-07-29 2021-07-30 2021-08-13 Quarterly 0.319 1.3% 1.58%
2021-04-29 2021-04-30 2021-05-14 Quarterly 0.315 1.3% 1.56%
2021-01-29 2021-02-01 2021-02-12 Quarterly 0.311 0% N/A
2020-10-29 2020-10-30 2020-11-13 Quarterly 0.311 0% N/A
2020-07-30 2020-07-31 2020-08-13 Quarterly 0.311 0% N/A
2020-04-30 2020-05-01 2020-05-14 Quarterly 0.311 -50% N/A
2020-01-30 2020-01-31 2020-02-13 Quarterly 0.622 0.3% N/A
2019-10-31 2019-11-01 2019-11-13 Quarterly 0.62 0.3% N/A
2019-07-30 2019-07-31 2019-08-13 Quarterly 0.618 1.3% N/A
2019-04-30 2019-05-01 2019-05-14 Quarterly 0.61 1.2% N/A
2019-01-31 2019-02-01 2019-02-21 Quarterly 0.603 1.3% N/A
2018-10-30 2018-10-31 2018-11-21 Quarterly 0.595 2.1% N/A
2018-07-31 2018-08-01 2018-08-23 Quarterly 0.583 2.5% N/A
2018-05-01 2018-05-02 2018-05-24 Quarterly 0.569 3.7% N/A
2018-01-31 2018-02-01 2018-02-22 Quarterly 0.5488 2% N/A
2017-11-01 2017-11-02 2017-11-22 Quarterly 0.538 1.9% N/A
2017-07-27 2017-07-31 2017-08-21 Quarterly 0.528 7.5% N/A
2017-04-27 2017-05-01 2017-05-22 Quarterly 0.491 6% N/A
2017-01-31 2017-02-02 2017-02-22 Quarterly 0.463 3.3% N/A
2016-10-27 2016-10-31 2016-11-22 Quarterly 0.448 3.2% N/A
2016-07-28 2016-08-01 2016-08-22 Quarterly 0.434 2.4% N/A
2016-04-28 2016-05-02 2016-05-22 Quarterly 0.424 5% N/A
2016-01-28 2016-02-01 2016-02-22 Quarterly 0.404 6% N/A
2015-10-29 2015-11-02 2015-11-20 Quarterly 0.381 4.7% N/A
2015-07-29 2015-07-31 2015-08-21 Quarterly 0.364 6.1% N/A
2015-04-28 2015-04-30 2015-05-22 Quarterly 0.343 9.6% N/A
2015-01-29 2015-02-02 2015-02-20 Quarterly 0.313 -3.2% N/A
2014-10-29 2014-10-31 2014-11-21 Quarterly 0.3233 7.4% N/A
2014-07-29 2014-07-31 2014-08-22 Quarterly 0.3011 8.4% N/A
2014-04-28 2014-04-30 2014-05-23 Quarterly 0.2778 8.2% N/A
2014-01-29 2014-01-31 2014-02-21 Quarterly 0.2567 7.9% N/A
2013-10-29 2013-10-31 2013-11-21 Quarterly 0.2378 0% N/A

WES Dividend FAQ

Western Midstream Partners, LP (NYSE: WES) is a U.S. midstream energy firm that gathers, compresses, treats, processes, and transports natural gas, condensate, NGLs, and crude oil across assets in Texas, New Mexico, and the Rocky Mountains. It also handles produced-water disposal and offers water-recycling services to upstream operators. The company, incorporated in 2007 and headquartered in The Woodlands, Texas, trades under the GICS sub-industry “Oil & Gas Storage & Transportation.”

What is the Dividend Yield of WES?

As of February 2026, WES`s dividend yield is 11.67%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.64 USD by the current share price of 41.12.

Does WES pay a dividend?

As of February 2026, WES paid a dividend of 3.64 USD in the last 12 months. The last dividend was paid on 2026-02-02 and the payout was 0.91 USD.

How often does WES pay dividends?

WES pays dividends quarterly. Over the last 12 months, WES has issued 4 dividend payments. The last dividend payment was made on 2026-02-02.

WES dividend forecast

Based on historical data, the forecasted dividends per share for WES for the next 4 payments are between 0.807 (-11.3%) and 0.828 (-9.0%).
This represents a significant dividend cut compared to the last payment.

Will WES pay dividends in 2026?

The latest dividend paid per share was 0.91 USD with an Ex-Dividend Date of 2026-02-02. The next Ex-Dividend date for Western Midstream (WES) is currently unknown.

What is the next Ex-Dividend Date for WES?

The next Ex-Dividend date for Western Midstream (WES) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of WES?

WES's average dividend growth rate over the past 5 years is 29.9% per year.
Strong growth: WES's Dividend growth is outpacing inflation.

What is the Yield on Cost of WES?

WES's 5-Year Yield on Cost is 33.5%. If you bought WES's shares at 10.87 USD five years ago, your current annual dividend income (3.64 USD per share, trailing 12 months) equals 33.5% of your original purchase price.

What is the Payout Consistency of WES?

WES Payout Consistency is 95.6%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Western Midstream has a strong track record of consistent dividend payments over its lifetime.

Does WES have a good Dividend Yield?

WES`s 11.67% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of WES?

The Dividend Payout Ratio of WES is 105.9%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of WES?

WES`s Overall Dividend Rating is 93.99%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

WES Outstanding Shares Analysis

What is the Trend in WES's Outstanding Shares?

Western Midstream's outstanding shares have increased by approximately 0.22% annually over the past 3 years (Trend Reliability: 33.3%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has WES ever had a Stock Split?

Yes, the last stock split was on Nov 26, 2014 with a ratio of 10:9.

This was a forward split: Each share became 1.11 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2011 51,037,000
2012 218,896,000 +328.9%
2013 218,903,000 +0%
2014 218,910,000 +0%
2015 218,919,000 +0%
2016 218,929,000 +0%
2017 218,933,000 +0%
2018 218,938,000 +0%
2019 452,934,000 +106.88%
2020 415,597,000 -8.24%
2021 408,454,000 -1.72%
2022 386,482,000 -5.38%
2023 381,140,000 -1.38%
2024 382,918,000 +0.47%
2025 382,788,000 -0.03%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-07 03:27