WES Western Midstream Partners, LP — dividend yield, history & ex-dividend dates
Western Midstream Partners, LP, an energy infrastructure company operating with its subsidiaries, primarily acquires, owns, develops, and manages assets across the United States. Its core functions include the collection, compression, treatment, processing, and transportation of natural gas. The firm also handles the gathering, stabilization, and conveyance of condensate, natural gas liquids (NGLs), and crude oil, alongside the collection and disposal of water generated during production. Additionally, it engages in the buying and selling of natural gas, NGLs, and condensate. Western Midstream maintains operations in significant regions such as Texas, New Mexico, the Rocky Mountains, and north-central Pennsylvania. Western Midstream Holdings, LLC functions as its general partner. Formed in 2007, the company is headquartered in The Woodlands, Texas, and rebranded from Western Gas Equity Partners, LP to its current name in February 2019.
Dividend Snapshot
Key Metrics
Current Yield
7.59%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$3.7200
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
Q Quarterly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
46.4
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
56
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$37.26 – $49.80
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio (TTM)
117.73%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
13
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
4.58
Price as of Sep 14, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
WES's dividend yield fell from 8.50% to 7.59% over the past ~90 days (-0.92 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.92 pp from the share price ($43.75 on Jun 16, 2026 → $49.03 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 333 daily observations over the past 16 months (through Sep 11, 2026), WES's current yield is higher than approximately 2% of them. Our stored price history for WES covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.9300 Q | Regular | Jul 17, 2026 | Jul 31, 2026 | Jul 31, 2026 | Aug 14, 2026 |
| $0.9300 Q | Regular | Apr 20, 2026 | May 01, 2026 | May 01, 2026 | May 15, 2026 |
| $0.9100 Q | Regular | Jan 23, 2026 | Feb 02, 2026 | Feb 02, 2026 | Feb 13, 2026 |
| $0.9100 Q | Regular | Oct 17, 2025 | Oct 31, 2025 | Oct 31, 2025 | Nov 14, 2025 |
| $0.9100 Q | Regular | Jul 21, 2025 | Aug 01, 2025 | Aug 01, 2025 | Aug 14, 2025 |
| $0.9100 Q | Regular | Apr 21, 2025 | May 02, 2025 | May 02, 2025 | May 15, 2025 |
| $0.8750 Q | Regular | Jan 24, 2025 | Feb 03, 2025 | Feb 03, 2025 | Feb 14, 2025 |
| $0.8750 Q | Regular | Oct 17, 2024 | Nov 01, 2024 | Nov 01, 2024 | Nov 14, 2024 |
| $0.8750 Q | Regular | Jul 18, 2024 | Aug 01, 2024 | Aug 01, 2024 | Aug 14, 2024 |
| $0.8750 Q | Regular | Apr 18, 2024 | Apr 30, 2024 | May 01, 2024 | May 15, 2024 |
| $0.5750 Q | Regular | Jan 22, 2024 | Jan 31, 2024 | Feb 01, 2024 | Feb 13, 2024 |
| $0.5750 Q | Regular | Oct 19, 2023 | Oct 31, 2023 | Nov 01, 2023 | Nov 13, 2023 |
| $0.5625 S | Regular | Jul 21, 2023 | Jul 28, 2023 | Jul 31, 2023 | Aug 14, 2023 |
| $0.8560 S | Regular | Apr 20, 2023 | Apr 28, 2023 | May 01, 2023 | May 15, 2023 |
| $0.5000 Q | Regular | Jan 20, 2023 | Jan 31, 2023 | Feb 01, 2023 | Feb 13, 2023 |
| $0.5000 Q | Regular | Oct 21, 2022 | Oct 28, 2022 | Oct 31, 2022 | Nov 14, 2022 |
| $0.5000 Q | Regular | Jul 21, 2022 | Jul 29, 2022 | Aug 01, 2022 | Aug 12, 2022 |
| $0.5000 Q | Regular | Apr 21, 2022 | Apr 29, 2022 | May 02, 2022 | May 13, 2022 |
| $0.3270 Q | Regular | Jan 21, 2022 | Jan 28, 2022 | Jan 31, 2022 | Feb 14, 2022 |
| $0.3230 Q | Regular | Oct 22, 2021 | Oct 29, 2021 | Nov 01, 2021 | Nov 12, 2021 |
| $0.3190 Q | Regular | Jul 20, 2021 | Jul 29, 2021 | Jul 30, 2021 | Aug 13, 2021 |
| $0.3150 Q | Regular | Apr 20, 2021 | Apr 29, 2021 | Apr 30, 2021 | May 14, 2021 |
| $0.3110 Q | Regular | Jan 18, 2021 | Jan 29, 2021 | Feb 01, 2021 | Feb 12, 2021 |
| $0.3110 Q | Regular | Oct 20, 2020 | Oct 29, 2020 | Oct 30, 2020 | Nov 13, 2020 |
| $0.3110 Q | Regular | Jul 16, 2020 | Jul 30, 2020 | Jul 31, 2020 | Aug 13, 2020 |
| $0.3110 Q | Regular | Apr 20, 2020 | Apr 30, 2020 | May 01, 2020 | May 14, 2020 |
| $0.6220 Q | Regular | Jan 20, 2020 | Jan 30, 2020 | Jan 31, 2020 | Feb 13, 2020 |
| $0.6200 Q | Regular | Oct 17, 2019 | Oct 31, 2019 | Nov 01, 2019 | Nov 13, 2019 |
| $0.6180 Q | Regular | Jul 18, 2019 | Jul 30, 2019 | Jul 31, 2019 | Aug 13, 2019 |
| $0.6100 Q | Regular | Apr 19, 2019 | Apr 30, 2019 | May 01, 2019 | May 14, 2019 |
| $0.6025 Q | Regular | Jan 22, 2019 | Jan 31, 2019 | Feb 01, 2019 | Feb 21, 2019 |
| $0.5950 Q | Regular | Oct 17, 2018 | Oct 30, 2018 | Oct 31, 2018 | Nov 13, 2018 |
| $0.5825 Q | Regular | Jul 17, 2018 | Jul 31, 2018 | Aug 01, 2018 | Aug 13, 2018 |
| $0.5687 Q | Regular | Apr 17, 2018 | May 01, 2018 | May 02, 2018 | May 14, 2018 |
| $0.5487 Q | Regular | Jan 19, 2018 | Jan 31, 2018 | Feb 01, 2018 | Feb 22, 2018 |
| $0.5375 Q | Regular | Oct 13, 2017 | Nov 01, 2017 | Nov 02, 2017 | Nov 22, 2017 |
| $0.5275 Q | Regular | Jul 21, 2017 | Jul 27, 2017 | Jul 31, 2017 | Aug 11, 2017 |
| $0.4913 Q | Regular | Apr 24, 2017 | Apr 27, 2017 | May 01, 2017 | May 12, 2017 |
| $0.4625 Q | Regular | Jan 18, 2017 | Jan 31, 2017 | Feb 02, 2017 | Feb 13, 2017 |
| $0.4475 Q | Regular | Oct 19, 2016 | Oct 27, 2016 | Oct 31, 2016 | Nov 10, 2016 |
| $0.4338 Q | Regular | Jul 21, 2016 | Jul 28, 2016 | Aug 01, 2016 | Aug 12, 2016 |
| $0.4238 Q | Regular | Apr 25, 2016 | Apr 28, 2016 | May 02, 2016 | May 13, 2016 |
| $0.4037 Q | Regular | Jan 22, 2016 | Jan 28, 2016 | Feb 01, 2016 | Feb 11, 2016 |
| $0.3812 Q | Regular | Oct 15, 2015 | Oct 29, 2015 | Nov 02, 2015 | Nov 12, 2015 |
| $0.3638 Q | Regular | Jul 17, 2015 | Jul 29, 2015 | Jul 31, 2015 | Aug 12, 2015 |
| $0.3425 Q | Regular | Apr 21, 2015 | Apr 28, 2015 | Apr 30, 2015 | May 13, 2015 |
| $0.3125 Q | Regular | Jan 22, 2015 | Jan 29, 2015 | Feb 02, 2015 | Feb 12, 2015 |
| $0.2913 Q | Regular | Oct 21, 2014 | Oct 29, 2014 | Oct 31, 2014 | Nov 13, 2014 |
| $0.2712 Q | Regular | Jul 18, 2014 | Jul 29, 2014 | Jul 31, 2014 | Aug 13, 2014 |
| $0.2500 Q | Regular | Apr 17, 2014 | Apr 28, 2014 | Apr 30, 2014 | May 14, 2014 |
| $0.2313 Q | Regular | Jan 21, 2014 | Jan 29, 2014 | Jan 31, 2014 | Feb 12, 2014 |
| $0.2137 Q | Regular | Oct 17, 2013 | Oct 29, 2013 | Oct 31, 2013 | Nov 12, 2013 |
| $0.1975 Q | Regular | Jul 18, 2013 | Jul 29, 2013 | Jul 31, 2013 | Aug 12, 2013 |
| $0.1787 Q | Regular | Apr 19, 2013 | Apr 26, 2013 | Apr 30, 2013 | May 13, 2013 |
| $0.0359 Q | Regular | Jan 24, 2013 | Jan 30, 2013 | Feb 01, 2013 | Feb 12, 2013 |
Peer Comparison
Selected Oil & Gas Midstream dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| TNP | Tsakos Energy Navigation Limited | 5.47% | 17.1% | 0 yrs | 84 |
| TEN | Tsakos Energy Navigation Limited | 2.09% | 17.1% | 0 yrs | 79 |
| OKE | ONEOK, Inc. | 4.43% | 2.0% | 3 yrs | 68 |
| CQP | Cheniere Energy Partners, L.P. | 4.84% | 5.1% | 0 yrs | 66 |
Related Guides & Lists
WES dividend — frequently asked questions
Does Western Midstream Partners, LP pay a dividend?
Yes. Western Midstream Partners, LP (WES) currently pays a dividend. The annualized dividend is about $3.72 per share, a yield of approximately 7.59%.
What is Western Midstream Partners, LP's dividend yield?
Western Midstream Partners, LP's dividend yield is approximately 7.59%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Western Midstream Partners, LP pay dividends?
Western Midstream Partners, LP pays dividends quarterly — 4 times per year.
How long has Western Midstream Partners, LP paid dividends?
Western Midstream Partners, LP has 13 years of dividend payments on record, and has increased its dividend for 4 consecutive years.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.