Trailing Dividend / Share
$3.56
Western Midstream Partners, LP (WES) Dividend History
Income profile from 2013 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
8.3%
Payout Ratio
1.2%
Sustainable
Dividend Streak
4 years
WES Dividend Income Check
Safety
1.2% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 25.4% and trend is rising.
WES Dividend Scorecard
Yield & Income
Dividend Yield8.3%
Trailing DPS$3.56
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout1.2%
Earnings SafetySustainable
FCF Payout102.1%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak4 years
3Y CAGR25.4%
5Y CAGR18.3%
Yield on Cost (5Y)25.4%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield8.3%
1Y Total Return22.3%
5Y Total Return165.3%
Div Contribution (5Y)63.8%
Estimated $10K growth (return + dividends):
5Y ago$26,53310Y ago$17,89120Y ago$15,061
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). WES's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
WES Income Growth Story
Dividend per share and yield on cost over time (14 years of payments)
WES Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Western Midstream Partners, LP distributes 1.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 102.1%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WES has raised its dividend for 4 consecutive years, with a 3-year CAGR of 25.4% and 5-year CAGR of 18.3%.
Total Shareholder Returns
Beyond cash dividends, WES returns capital through share repurchases. The combined picture: 8.3% dividend yield, 8.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 25.4% and is currently rising. The 5-year total return is 165.3%, with dividends contributing 63.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $17,891 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
WES Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$13.61
Avg/Payment$0.6804
Latest Change+2.2%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 1, 2026Latest | $0.9300 | ↑ +2.2% | 8.68% | May 15, 2026 |
| Feb 2, 2026 | $0.9100 | — | 9.07% | Feb 13, 2026 |
| Oct 31, 2025 | $0.9100 | — | 9.62% | Nov 14, 2025 |
| Aug 1, 2025 | $0.9100 | — | 9.07% | Aug 14, 2025 |
| May 2, 2025 | $0.9100 | ↑ +4.0% | 9.73% | May 15, 2025 |
| Feb 3, 2025 | $0.8750 | — | 8.62% | Feb 14, 2025 |
| Nov 1, 2024 | $0.8750 | — | 8.72% | Nov 14, 2024 |
| Aug 1, 2024 | $0.8750 | — | 7.33% | Aug 14, 2024 |
WES Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
8.3%
#1 of 9
Safety
Sustainable
1.2% payout
Streak
4Y
18.3% 5Y CAGR
Total Shareholder
8.3%
#3 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st WESWestern Midstream Pa… | $16.9B | 8.3% | 1.2% | 4 | Sustainable |
 EPDEnterprise Products … | $79.1B | 5.8% | 80.5% | 28 | Watch |
 ETEnergy Transfer LP | $64.5B | 6.9% | 96.4% | 4 | At Risk |
 MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
3rd  PAAPlains All American … | $15.1B | 7.1% | 74.6% | 4 | Watch |
2nd  HESMHess Midstream LP | $7.7B | 7.7% | 99.2% | 9 | At Risk |
 KMIKinder Morgan, Inc. | $70.3B | 3.7% | 85.2% | 8 | At Risk |
 WMBThe Williams Compani… | $89.4B | 2.7% | 93.3% | 8 | At Risk |
 OKEONEOK, Inc. | $53.6B | 4.8% | 76.1% | 3 | Watch |
WES Annual Dividend History (2008–2026)
19 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.84 | — | 2 | — | — | — | 13.0% |
| 2025 | $3.61 | 12.7% | 4 | $3.00 | 120.2% | 0.83x | 25.4% |
| 2024 | $3.20 | 28.3% | 4 | $4.02 | 79.6% | 1.26x | 22.5% |
| 2023 | $2.49 | 36.5% | 4 | $2.60 | 95.9% | 1.04x | 17.6% |
| 2022 | $1.83 | 44.1% | 4 | $3.00 | 60.9% | 1.64x | 12.9% |
| 2021 | $1.27 | -18.5% | 4 | $2.18 | 58.2% | 1.72x | 8.9% |
| 2020 | $1.55 | -36.5% | 4 | $1.18 | 131.8% | 0.76x | 11.0% |
| 2019 | $2.45 | 6.8% | 4 | $1.68 | 145.9% | 0.69x | 17.3% |
| 2018 | $2.29 | 13.7% | 4 | $1.69 | 135.8% | 0.74x | 16.2% |
| 2017 | $2.02 | 18.1% | 4 | $1.72 | 117.4% | 0.85x | 14.2% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into WES consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
13+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
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WES — Frequently Asked Questions
Quick answers to the most common questions about buying WES stock.
How much dividend does WES pay per share?
Western Midstream Partners, LP (WES) pays a trailing 12-month dividend of $3.56 per share, with a current dividend yield of +8.3%. Payments are made Semi-Annual.
When is WES's next ex-dividend date?
WES's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WES typically pays dividends Semi-Annual.
Is WES's dividend safe?
WES's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.2% and FCF payout ratio of +102.1%. The 4-year growth streak provides moderate confidence.
Is WES a Dividend Payer?
Yes, Western Midstream Partners, LP is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +18.3%, demonstrating above-inflation dividend growth.
How often does WES pay dividends?
Western Midstream Partners, LP pays dividends Semi-Annual. The trailing 12-month total is $3.56 per share. Dividend data on this page covers 13+ years from 2013 to 2026.
How much would $10,000 invested in WES grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WES five years ago would be worth approximately $26,533 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WES's yield on cost for long-term holders?
WES's yield on cost — the current dividend divided by the original purchase price — is +25.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +8.3% market yield, thanks to consistent dividend growth.