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%
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
38.3
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
56
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
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
122.35%
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.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
3.93
Price-to-book ratio: share price divided by 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 → $49.03). 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, 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 | 76 |
| TEN | Tsakos Energy Navigation Limited | 2.09% | 17.1% | 0 yrs | 68 |
| OKE | ONEOK, Inc. | 4.43% | 2.0% | 3 yrs | 64 |
| EBRGF | Enbridge Inc. CUM RED PREF Series B | 5.54% | 7.9% | 0 yrs | 62 |
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 13, 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.