Western Midstream Partners, LP
WESEnergy · Stock · quarterly payer
$45.09
Add to PortfolioForward Yield
8.25%
Annual Dividend
$3.72
Payout Ratio
120%
5-Yr Growth
24.0%
Ex-Date
May 1, 2026
Frequency
Quarterly
WES Dividend Safety Score
52/ 100
Grade C
Borderline
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage120% of earnings paid out
Balance-sheet strengthDebt/equity of 2.48
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is WES a good dividend stock?
MixedWestern Midstream Partners, LP (WES) pays a quarterly dividend yielding 8.25% ($3.72/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 24.0% 5-yr dividend growth
- 111% total price return over 5 years
Risks
- Cut its dividend in 2020
- Elevated payout ratio (120%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.25%
- Payout Ratio
- 120%
- Annual Dividend
- $3.72
- 5-Yr Avg Growth
- 24.0%
- Ex-Dividend Date
- May 1, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $17.8B
- P/E Ratio
- 14.8
- 5-Yr Total Return
- 111%
- 52-Week Range
- $36.90 – $48.01
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 1, 2026 | — | $0.9300 | regular |
| Feb 2, 2026 | — | $0.9100 | regular |
| Oct 31, 2025 | — | $0.9100 | regular |
| Aug 1, 2025 | — | $0.9100 | regular |
| May 2, 2025 | — | $0.9100 | regular |
| Feb 3, 2025 | — | $0.8750 | regular |
| Nov 1, 2024 | — | $0.8750 | regular |
| Aug 1, 2024 | — | $0.8750 | regular |
| Apr 30, 2024 | — | $0.8750 | regular |
| Jan 31, 2024 | — | $0.5750 | regular |
| Oct 31, 2023 | — | $0.5750 | regular |
| Jul 28, 2023 | — | $0.5630 | regular |
| Apr 28, 2023 | — | $0.8560 | regular |
| Jan 31, 2023 | — | $0.5000 | regular |
Income Calculator
At $3.72 / yr per share
Per payment (quarterly)$93.00
Annual$372.00
Monthly avg$31.00
