Western Midstream Partners, LP (WES) Dividend History

NYSE: WESYield, payment dates, growth and payout ratio.

WES latest dividend

$0.93last dividend per share
Ex-dividend dateJul 31Friday, 2026
Payment dateAug 14Friday, 2026

The next dividend has not been announced yet.

  • 4 yearsof dividend increases
  • 2013paying since
  • Quarterly4 payments a year
  • +18.3%5-year growth a year
  • 8.34%forward yield

WES dividend income calculator

Dividend income a year
$372
Each payment
$93
Value of the shares
$4,462
Dividend yield
8.34%

At the latest close; forward annual dividend $3.72 per share, before tax.

WES dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

WES dividend safety

Payout ratio (earnings)113.9%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)97.7%
Above free cash flow · of fiscal 2025 free cash flow
Dividend growth (5 years)+18.3%
Growing · a year on average
Years of increases4
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

WES yield on cost

Western Midstream Partners, LP yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$37.749.86%$3.689.8%
3 years ago$27.6613.45%$10.1536.7%
5 years ago$23.1616.06%$14.2261.4%
10 years ago$43.658.52%$23.9354.8%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

WES dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

WES dividends by year

Western Midstream Partners, LP dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.60+12.7%9.13%4
2024$3.20+28.3%8.33%4
2023$2.49+36.5%8.52%4
2022$1.83+44.1%6.80%4
2021$1.27−18.5%5.69%4
2020$1.55−36.6%11.25%4
2019$2.45+6.8%12.45%4
2018$2.30+13.7%8.28%4
2017$2.02+18.1%5.44%4
2016$1.71+22.1%4.04%4
2015$1.40+34.3%3.86%4
2014$1.04+66.3%1.73%4
2013$0.63—1.59%4

WES dividend history

55 payments
Western Midstream Partners, LP dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-07-312026-08-14$0.93—Quarterly
2026-05-012026-05-15$0.93+2.2%Quarterly
2026-02-022026-02-13$0.91—Quarterly
2025-10-312025-11-14$0.91—Quarterly
2025-08-012025-08-14$0.91—Quarterly
2025-05-022025-05-15$0.91+4.0%Quarterly
2025-02-032025-02-14$0.875—Quarterly
2024-11-012024-11-14$0.875—Quarterly
2024-08-012024-08-14$0.875—Quarterly
2024-04-302024-05-15$0.875+52.2%Quarterly
2024-01-312024-02-13$0.575—Quarterly
2023-10-312023-11-13$0.575+2.1%Quarterly
2023-07-282023-08-14$0.563−34.2%Quarterly
2023-04-282023-05-15$0.856+71.2%Quarterly
2023-01-312023-02-13$0.5—Quarterly
2022-10-282022-11-14$0.5—Quarterly
Show all 55 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-07-292022-08-12$0.5—Quarterly
2022-04-292022-05-13$0.5+52.9%Quarterly
2022-01-282022-02-14$0.327+1.2%Quarterly
2021-10-292021-11-12$0.323+1.3%Quarterly
2021-07-292021-08-13$0.319+1.3%Quarterly
2021-04-292021-05-14$0.315+1.3%Quarterly
2021-01-292021-02-12$0.311—Quarterly
2020-10-292020-11-13$0.311—Quarterly
2020-07-302020-08-13$0.311—Quarterly
2020-04-302020-05-14$0.311−50.0%Quarterly
2020-01-302020-02-13$0.622+0.3%Quarterly
2019-10-312019-11-13$0.62+0.3%Quarterly
2019-07-302019-08-13$0.618+1.3%Quarterly
2019-04-302019-05-14$0.61+1.2%Quarterly
2019-01-312019-02-21$0.603+1.3%Quarterly
2018-10-302018-11-21$0.595+2.1%Quarterly
2018-07-312018-08-23$0.583+2.5%Quarterly
2018-05-012018-05-24$0.569+3.7%Quarterly
2018-01-312018-02-22$0.5487+2.0%Quarterly
2017-11-012017-11-22$0.538+1.9%Quarterly
2017-07-272017-08-21$0.528+7.5%Quarterly
2017-04-272017-05-22$0.491+6.0%Quarterly
2017-01-312017-02-22$0.463+3.3%Quarterly
2016-10-272016-11-22$0.448+3.2%Quarterly
2016-07-282016-08-22$0.434+2.4%Quarterly
2016-04-282016-05-22$0.424+5.0%Quarterly
2016-01-282016-02-22$0.404+6.0%Quarterly
2015-10-292015-11-20$0.381+4.7%Quarterly
2015-07-292015-08-21$0.364+6.1%Quarterly
2015-04-282015-05-22$0.343+9.6%Quarterly
2015-01-292015-02-20$0.313+7.6%Quarterly
2014-10-292014-11-21$0.291+7.4%Quarterly
2014-07-292014-08-22$0.271+8.4%Quarterly
2014-04-282014-05-23$0.25+8.2%Quarterly
2014-01-292014-02-21$0.231+7.9%Quarterly
2013-10-292013-11-21$0.214+8.1%Quarterly
2013-07-292013-08-21$0.198+10.6%Quarterly
2013-04-262013-05-22$0.179+397.2%Quarterly
2013-01-302013-02-21$0.036—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

WES stock split history

  • 10:9November 26, 2014

WES dividend overview

Western Midstream Partners pays an annual dividend of $3.72 per share, a yield of 8.34% at the latest close, paid quarterly. It paid $3.60 per share in 2025, up 12.7% from 2024. It has raised its dividend for 4 consecutive years. Over five years the dividend grew 18.3% a year on average and over ten years 9.9% a year. The payout ratio is 113.9% of trailing earnings.

Related: WES cash flow statement, WES key metrics, WES chart. See the WES stock overview for the latest quote and news.

WES dividends FAQ

Does Western Midstream Partners pay a dividend?

Yes. Western Midstream Partners has paid a regular dividend since 2013, quarterly, most recently $0.93 per share with an ex-dividend date of July 31, 2026.

What is Western Midstream Partners's dividend yield?

Western Midstream Partners's forward annual dividend is $3.72 per share, a dividend yield of 8.34% at the latest close of $44.62.

How often does Western Midstream Partners pay dividends?

Western Midstream Partners pays dividends quarterly.

How fast is Western Midstream Partners's dividend growing?

Western Midstream Partners's dividend per share grew from $1.55 in 2020 to $3.60 in 2025, 18.3% a year on average over five years; it has increased for 4 years in a row.

What is Western Midstream Partners's dividend payout ratio?

Western Midstream Partners pays out 113.9% of its trailing earnings as dividends and 97.7% of its free cash flow (fiscal 2025).

Has Western Midstream Partners split its stock?

Western Midstream Partners has split its stock 1 time: 10:9 on November 26, 2014. Dividends per share on this page are adjusted for splits.

Oil & Gas Midstream: dividends