The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Aug 17, 2026
Snapshot (as of Aug 17, 2026): Western Midstream Partners, LP (WES) pays a $3.68 annual dividend ($0.93 quarterly), yielding 7.52% at $48.92/share. Next ex-dividend date 2026-07-31. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 7.52%
Annual Dividend: $3.68 per share
Payout Ratio: 117.7%
Ex-Dividend Date: 2026-07-31
Dividend Frequency: quarterly
Sector: Energy
Years of Dividend History: 14
Western Midstream Partners, LP dividend reflects the company's role as an energy infrastructure operator, gathering, compressing, processing, and transporting natural gas, NGLs, and crude oil across Texas, New Mexico, the Rocky Mountains, and north-central Pennsylvania. WES currently yields 7.52%, with a trailing annual dividend rate of $3.68 per share paid quarterly. The next ex-dividend date is July 31, 2026. That yield level, well above typical energy sector payouts, makes WES stock a candidate for income-focused investors who prioritize current cash flow over capital appreciation.
Western Midstream Partners, LP pays out 117.7% of earnings as dividends, a payout ratio classified as high (above 75%). The company's operations center on fee-based infrastructure services, including natural gas gathering, compression, and water handling, which generate recurring demand tied to producer activity across its operating regions. Western Midstream Partners, LP dividend safety faces pressure from that payout ratio exceeding 100%, meaning distributions currently exceed reported earnings, leaving little buffer if volumes or commodity-linked revenues decline.
Western Midstream Partners, LP dividend history shows a CAGR of 15.7% per year from 2013 to 2025. Per-share payments grew from $0.6260 in 2013 to $3.6050 in 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 66.7% in 2014, though the history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +25.4% | $1.83 (2022) | $3.60 (2025) |
| 5-Year | +18.3% | $1.55 (2020) | $3.60 (2025) |
| 10-Year | +9.9% | $1.40 (2015) | $3.60 (2025) |
WES stock fits dividend investors who prioritize a high current yield over smooth, uninterrupted growth. The 7.52% yield is classified as high (above 4%) and sits well above the 5-year average yield of 5.07%, reflecting a payout that has expanded faster than the stock price. Four consecutive years of dividend increases show recent momentum, but the 117.7% payout ratio is the defining trade-off: income is substantial, and the infrastructure business generates recurring demand, yet distributions currently exceed reported earnings. An investor in Western Midstream Partners, LP gets one of the higher yields in the energy sector alongside real payout risk if operating conditions soften.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-31 | $0.9300 |
| 2026-05-01 | $0.9300 |
| 2026-02-02 | $0.9100 |
| 2025-10-31 | $0.9100 |
| 2025-08-01 | $0.9100 |
| 2025-05-02 | $0.9100 |
| 2025-02-03 | $0.8750 |
| 2024-11-01 | $0.8750 |
| 2024-08-01 | $0.8750 |
| 2024-04-30 | $0.8750 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.7700 |
| 2025 | $3.6050 |
| 2024 | $3.2000 |
| 2023 | $2.4935 |
| 2022 | $1.8270 |
Project income from WES with the WES dividend calculator or track your full portfolio with the dividend tracker.