WES Dividend History & Yield

Western Midstream Partners, LP · NYSE

Stock Energy Quarterly payer High yieldMidstreamMLP
$49.43
-0.22% today
as of Sep 8, 2026
TTM yield
7.44%
$3.68/share over the last 12 months
Forward yield
7.53%
$3.72/share indicated annual rate
Annual dividend
$3.72
per share, forward
Per payment
$0.93
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 30, 2026 Estimated
in 52 days
Next pay date
Nov 13, 2026
in 66 days
Last ex-dividend date
Jul 31, 2026
$0.93 per share
Payout ratio
116%
of earnings
Market cap
20.4B
P/E 15.6
5y dividend CAGR
+24.0%
annualised, regular payments
Growth streak
5 yrs
consecutive annual raises
Years paying
13.6
since Jan 30, 2013
1y total return
+35.5%
price +26.1% + dividends 9.4%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Oct 30, 2026 (in 52 days) Nov 13, 2026 $0.93 $93.00 Estimated
Fri, Jan 29, 2027 (in 143 days) Feb 12, 2027 $0.93 $93.00 Estimated
Fri, Apr 30, 2027 (in 234 days) May 14, 2027 $0.93 $93.00 Estimated
Fri, Jul 30, 2027 (in 325 days) Aug 13, 2027 $0.93 $93.00 Estimated

Estimated dates and amounts are projected from WES's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.72 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jul 28, 2016 to Jul 31, 2026; most recent $0.93$0.00$0.50$1.00Jul 28, 2016: $0.434Jul '16Oct 27, 2016: $0.448Jan 31, 2017: $0.463Apr 27, 2017: $0.491Jul 27, 2017: $0.528Nov 1, 2017: $0.538Nov '17May 1, 2018: $0.569Jul 31, 2018: $0.583Oct 30, 2018: $0.595Jan 31, 2019: $0.603Apr 30, 2019: $0.61Apr '19Jul 30, 2019: $0.618Oct 31, 2019: $0.62Jan 30, 2020: $0.622Apr 30, 2020: $0.311Jul 30, 2020: $0.311Jul '20Oct 29, 2020: $0.311Jan 29, 2021: $0.311Apr 29, 2021: $0.315Jul 29, 2021: $0.319Oct 29, 2021: $0.323Oct '21Jan 28, 2022: $0.327Apr 29, 2022: $0.50Jul 29, 2022: $0.50Oct 28, 2022: $0.50Jan 31, 2023: $0.50Jan '23Apr 28, 2023: $0.856Jul 28, 2023: $0.563Oct 31, 2023: $0.575Jan 31, 2024: $0.575Apr 30, 2024: $0.875Apr '24Aug 1, 2024: $0.875Nov 1, 2024: $0.875Feb 3, 2025: $0.875May 2, 2025: $0.91Aug 1, 2025: $0.91Aug '25Oct 31, 2025: $0.91Feb 2, 2026: $0.91May 1, 2026: $0.93Jul 31, 2026: $0.93

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $2.02$2.0220172018: $1.747$1.74720182019: $2.451$2.45120192020: $1.555$1.55520202021: $1.268$1.26820212022: $1.827$1.82720222023: $2.494$2.49420232024: $3.20$3.2020242025: $3.605$3.60520252026 (YTD): $2.77$2.772026 YTD

How much WES do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month323$15,945$1,200
$500 / month1,613$79,726$6,000
$1,000 / month3,226$159,452$12,000

Based on the forward yield of 7.53%. $10,000 in WES would currently pay about $753 a year ($63 a month on average). Model reinvestment and growth →

WES dividend history

Show recent only
Ex-datePay dateAmountChange
Jul 31, 2026 $0.93 +0.0%
May 1, 2026 $0.93 +2.2%
Feb 2, 2026 $0.91 +0.0%
Oct 31, 2025 $0.91 +0.0%
Aug 1, 2025 $0.91 +0.0%
May 2, 2025 $0.91 +4.0%
Feb 3, 2025 $0.875 +0.0%
Nov 1, 2024 $0.875 +0.0%
Aug 1, 2024 $0.875 +0.0%
Apr 30, 2024 $0.875 +52.2%
Jan 31, 2024 $0.575 +0.0%
Oct 31, 2023 $0.575 +2.1%
Jul 28, 2023 $0.563 -34.2%
Apr 28, 2023 $0.856 +71.2%
Jan 31, 2023 $0.50 +0.0%
Oct 28, 2022 $0.50 +0.0%
Jul 29, 2022 $0.50 +0.0%
Apr 29, 2022 $0.50 +52.9%
Jan 28, 2022 $0.327 +1.2%
Oct 29, 2021 $0.323 +1.3%
Jul 29, 2021 $0.319 +1.3%
Apr 29, 2021 $0.315 +1.3%
Jan 29, 2021 $0.311 +0.0%
Oct 29, 2020 $0.311 +0.0%
Jul 30, 2020 $0.311 +0.0%
Apr 30, 2020 $0.311 -50.0%
Jan 30, 2020 $0.622 +0.3%
Oct 31, 2019 $0.62 +0.3%
Jul 30, 2019 $0.618 +1.3%
Apr 30, 2019 $0.61 +1.2%
Jan 31, 2019 $0.603 +1.3%
Oct 30, 2018 $0.595 +2.1%
Jul 31, 2018 $0.583 +2.5%
May 1, 2018 $0.569 +5.8%
Nov 1, 2017 $0.538 +1.9%
Jul 27, 2017 $0.528 +7.5%
Apr 27, 2017 $0.491 +6.0%
Jan 31, 2017 $0.463 +3.3%
Oct 27, 2016 $0.448 +3.2%
Jul 28, 2016 $0.434 +2.4%
Apr 28, 2016 $0.424 +5.0%
Jan 28, 2016 $0.404 +6.0%
Oct 29, 2015 $0.381 +4.7%
Jul 29, 2015 $0.364 +6.1%
Apr 28, 2015 $0.343 +9.6%
Jan 29, 2015 $0.313 +7.6%
Oct 29, 2014 $0.291 +7.4%
Jul 29, 2014 $0.271 +8.4%
Apr 28, 2014 $0.25 +8.2%
Jan 29, 2014 $0.231 +7.9%
Oct 29, 2013 $0.214 +8.1%
Jul 29, 2013 $0.198 +10.6%
Apr 26, 2013 $0.179 +397.2%
Jan 30, 2013 $0.036

Payout risk check

Yield-trap heuristicElevated risk

WES scores 60/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 7%
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Western Midstream Partners, LP

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells residue, NGLs, and condensates. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling solutions. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019.

Sector: Energy. Industry: Oil & Gas Midstream. First dividend on our records: Jan 30, 2013. 54 payments tracked.

WES dividend FAQ

When is WES's next ex-dividend date?

WES's next ex-dividend date is Oct 30, 2026 (in 52 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.93 per share, expected on Nov 13, 2026.

How often does WES pay dividends?

WES pays dividends every quarter, 4 times a year. The most recent payment was $0.93 per share with an ex-date of Jul 31, 2026.

What is WES's dividend yield?

WES's trailing 12-month dividend yield is 7.44%, based on $3.68 per share paid over the last year and a share price of $49.43. The forward yield, using the indicated annual rate of $3.72 per share, is 7.53%.

How much does WES pay per share?

WES pays about $0.93 per share each quarter, which works out to roughly $3.72 per share a year. 100 shares would collect about $372.00 a year.

Has WES grown or cut its dividend?

WES has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 24.0% a year (+3.1% over the last year). WES did cut a regular payment within the last 5 years.

How many shares of WES do I need to earn $100 a month?

At the current forward yield of 7.53%, you would need about 323 shares of WES (roughly $15,945 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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