WES Dividend History & Analysis | 9.2% Yield

WES has a dividend yield of 9.2% and paid 3.66 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.22%
Payout Ratio 118.0%
Growth Rate CAGR 5y 23.7%
Consistency Lifetime 100%
Yield on Cost 5y 26.7%
Payout FCF 107.2%
Streak Years 5
Dividend Rating 92.5%
Chowder Number yield + growth 32.9% meets 12% target for healthy growth
Yield vs Average 5y +16.4% avg 7.92% vs now 9.22%
Debt / EBITDA leverage 3.7x moderate
Income per 10k invested 922 USD per year
Dividends Cash Amount per Share Yearly WES annual dividends paid per share, showing the total cash Western Midstream distributed to shareholders each year.
Dividend Growth Year over Year WES year-over-year dividend growth rate, showing how Western Midstream's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History WES dividend yield history versus share price over the past 5 years, showing how Western Midstream's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
INSW NYSE
International Seaways
4,568 M 12.30% 80.10%
BWLPG OL
BW G
3,332 M 11.72% 78.63%
BWLP NYSE
BW G
3,234 M 12.17% 77.05%
LPG NYSE
Dorian G
1,901 M 11.47% 75.85%
TK NYSE
Teekay
975 M 8.08% 68.01%
FRO OL
Frontline
8,440 M 9.83% 63.87%
FRO NYSE
Frontline
8,649 M 9.91% 58.27%
TRMD-A CO
TORM
3,062 M 9.70% 53.09%
NAT NYSE
Nordic American Tankers
1,366 M 14.13% 37.66%
HAFN NYSE
Hafnia
3,798 M 10.90% 37.86%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DHT NYSE
DHT Holdings
2,881 M 67.94% 83.8%
EE NYSE
Excelerate Energy
4,503 M 60.03% 100.0%
STNG NYSE
Scorpio Tankers
3,956 M 51.81% 100.0%
INSW NYSE
International Seaways
4,568 M 58.14% 80.9%
TRGP NYSE
Targa Resources
61,298 M 41.74% 91.7%
TEN NYSE
Tsakos Energy Navigation
1,187 M 44.25% 93.9%
PBA NYSE
Pembina Pipeline
29,485 M 40.45% 99.9%
NAT NYSE
Nordic American Tankers
1,366 M 46.08% 85.5%
GTT PA
Gaztransport & Technigaz SAS
8,246 M 35.67% 100.0%
UGP NYSE
Ultrapar Participacoes
6,712 M 33.24% 93.3%

WES Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 1.03% 60
Feb 0.90% 40
Mar - -
Apr 1.57% 60
May 0.93% 40
Jun - -
Jul 1.09% 60
Aug 0.89% 40
Sep - -
Oct 1.57% 80
Nov 0.47% 20
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-01 2026-05-01 2026-05-15 Quarterly 0.93 +2.2% 2.2%
2026-02-02 2026-02-02 2026-02-13 Quarterly 0.91 0% 2.29%
2025-10-31 2025-10-31 2025-11-14 Quarterly 0.91 0% 2.43%
2025-08-01 2025-08-01 2025-08-14 Quarterly 0.91 0% 2.3%
2025-05-02 2025-05-02 2025-05-15 Quarterly 0.91 +4% 2.47%
2025-02-03 2025-02-03 2025-02-14 Quarterly 0.875 0% 2.2%
2024-11-01 2024-11-01 2024-11-14 Quarterly 0.875 0% 2.38%
2024-08-01 2024-08-01 2024-08-14 Quarterly 0.875 0% 2.17%
2024-04-30 2024-05-01 2024-05-15 Quarterly 0.875 +52.2% 2.51%
2024-01-31 2024-02-01 2024-02-13 Quarterly 0.575 0% 1.97%
2023-10-31 2023-11-01 2023-11-13 Quarterly 0.575 +2.1% 2.17%
2023-07-28 2023-07-31 2023-08-14 Quarterly 0.563 -34.2% 2.05%
2023-04-28 2023-05-01 2023-05-15 Quarterly 0.856 +71.2% 3.32%
2023-01-31 2023-02-01 2023-02-13 Quarterly 0.5 0% 1.82%
2022-10-28 2022-10-31 2022-11-14 Quarterly 0.5 0% 1.77%
2022-07-29 2022-08-01 2022-08-12 Quarterly 0.5 0% 1.83%
2022-04-29 2022-05-02 2022-05-13 Quarterly 0.5 +52.9% 2.03%
2022-01-28 2022-01-31 2022-02-14 Quarterly 0.327 +1.2% 1.39%
2021-10-29 2021-11-01 2021-11-12 Quarterly 0.323 +1.3% 1.5%
2021-07-29 2021-07-30 2021-08-13 Quarterly 0.319 0% 1.58%

WES Dividend FAQ

What is the Dividend Yield of WES?

As of July 2026, WES's dividend yield is 9.22%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.66 USD by the current share price of 46.73.

Does WES pay a dividend?

As of July 2026, WES paid a dividend of 3.66 USD in the last 12 months. The last dividend was paid on 2026-05-01 and the payout was 0.93 USD.

How often does WES pay dividends?

WES pays dividends quarterly. Over the last 12 months, WES has issued 4 dividend payments. The last dividend payment was made on 2026-05-01.

WES dividend forecast

Based on historical data, the forecasted dividends per share for WES for the next payments are between 1.041 (+11.9%) and 1.172 (+26.0%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 9.32%.

Will WES pay dividends in 2026?

The latest dividend paid per share was 0.93 USD with an Ex-Dividend Date of 2026-05-01. The next Ex-Dividend date for Western Midstream (WES) is currently unknown.

What is the next Ex-Dividend Date for WES?

The next Ex-Dividend date for Western Midstream (WES) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of WES?

WES's average dividend growth rate over the past 5 years is 23.7% per year. Strong growth: WES's dividend growth is outpacing inflation.

What is the Yield on Cost of WES?

WES's 5-Year Yield on Cost is 26.7%. If you bought WES's shares at 13.72 USD five years ago, your current annual dividend income (3.66 USD per share, trailing 12 months) equals 26.7% of your original purchase price.

What is the Payout Consistency of WES?

WES Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Western Midstream has a strong track record of consistent dividend payments over its lifetime.

Does WES have a good Dividend Yield?

WES's 9.22% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of WES?

The Dividend Payout Ratio of WES is 118.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of WES?

WES's Overall Dividend Rating is 92.51%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

WES Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in WES's Outstanding Shares?

Western Midstream's outstanding shares have increased by approximately 2.23% annually over the past 3 years (Trend Reliability: 72.6%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has WES ever had a Stock Split?

Yes, the last stock split was on Nov 26, 2014 with a ratio of 10:9. This was a forward split: Each share became 1.11 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 51,037,000 0%
2012 218,896,000 +328.9%
2013 218,903,000 0%
2014 218,910,000 0%
2015 218,919,000 0%
2016 218,929,000 0%
2017 218,933,000 0%
2018 218,938,000 0%
2019 452,934,000 +106.88%
2020 415,597,000 -8.24%
2021 408,454,000 -1.72%
2022 386,482,000 -5.38%
2023 381,140,000 -1.38%
2024 382,918,000 +0.47%
2025 402,464,000 +5.1%
2026 400,569,000 -0.47%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-19 02:05 UTC