Western Midstream Partners Dividend
Dividend criteria checks 5/6
Western Midstream Partners is a dividend paying company with a current yield of 6.46% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
6.5%
Dividend yield
85%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 30 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.62 |
| Dividend yield forecast in 3Y | 10.2% |
Recent dividend updates
Recent updates
Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company
Apr 03Western Midstream: Redlining The Balance Sheet
Mar 16Western Midstream's Recent Strength Doesn't Change The Thesis
Mar 05My Income Climbed 52%, More Capital Gains Ahead: Western Midstream
Feb 28Western Midstream: The Breakout Is Here And It's Likely Not Over
Feb 22Natural Gas Demand Is Soaring: Earn +8% Yields From Western Midstream
Dec 26Finding Diamonds In The Rough: Uncovering Dividend Gems
Dec 15
Western Midstream Partners: Latest Actions Should Drive A Breakout
Nov 02Western Midstream: Meritage Acquisition Should Drive Growth
Oct 26Western Midstream's Lack Of Appreciation Is Your Opportunity
Oct 01Western Midstream Partners LP: Strong And Reliable Yield For The Dividend-Oriented Investor
Sep 25Western Midstream Partners: Guidance Doesn't Reflect Long-Term Opportunity
Aug 13Western Midstream Partners LP: Occidental Benefits
Jul 24Western Midstream: Steady Performer Remains A Buy
Jul 13Western Midstream: Leading The Pack In Midstream
Jun 13Western Midstream: Buy The Dip
Jun 06Western Midstream: Untapped Potential
Feb 21Western Midstream Partners declares $0.50 dividend
Jan 20Western Midstream: Growth Moderating, Bonds Looking Competitive
Nov 04Western Midstream Partners goes ex-dividend tomorrow
Oct 27Western Midstream Partners: A 12% Distribution Yield Could Be Coming Soon
Sep 10Western Midstream: A Double-Digit Yielding Investment For Any Retirement Portfolio
Aug 08Western Midstream Partners goes ex-dividend tomorrow
Jul 28Western Midstream: Still Cheap Despite Operational Strides And Outperformance
May 26Western Midstream: New Deals Speed Up Growth
May 12Western Midstream Is An Important Core Holding For Any Portfolio
Apr 04Western Midstream Partners: Big Payouts In The Pipeline
Feb 25Western Midstream Is Rewarding Shareholders On All Fronts
Jan 26Western Midstream Has Continued Appreciation Potential
Nov 30Western Midstream Partners: Distribution Growth Set To Accelerate In 2022 And Beyond
Oct 24Western Midstream Partners: Cash Flow Machine Just Getting Started
Aug 12Pounding The Table For Western Midstream Partners
Jun 02Western Midstream Partners Q1 2021 Earnings Preview
May 09Western Midstream Partners: Undervalued And Growing Top And Bottom Lines
Dec 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WES's dividends per share have been stable in the past 10 years.
Growing Dividend: WES's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Western Midstream Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WES) | 6.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (WES) | 10.2% |
Notable Dividend: WES's dividend (6.46%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: WES's dividend (6.46%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.9%), WES's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.5%), WES's dividend payments are not well covered by cash flows.