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Western Midstream Partners LP (Western Midstream Partners LP) 3-Year Dividend Growth Rate

: 17.10% (As of Dec. 2023)
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Western Midstream Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.58.

The historical rank and industry rank for Western Midstream Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

WES' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17.9   Med: 14.95   Max: 39.8
Current: 17.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Midstream Partners LP was 39.80% per year. The lowest was -17.90% per year. And the median was 14.95% per year.

WES's 3-Year Dividend Growth Rate is ranked better than
52.79% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs WES: 17.10

During the past 12 months, Western Midstream Partners LP's average Dividends Per Share Growth Rate was 36.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Western Midstream Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.76. As of today, Western Midstream Partners LP's Dividend Yield % is 7.23%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Midstream Partners LP is 0.92, which seems too high.

Warning Sign:

Western Midstream Partners LP stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Midstream Partners LP 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's 3-Year Dividend Growth Rate falls into.



Western Midstream Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Western Midstream Partners LP  (NYSE:WES) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Western Midstream Partners LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.575/ 0.757
=0.76

During the past 13 years, the highest Dividend Payout Ratio of Western Midstream Partners LP was 1.52. The lowest was 0.55. And the median was 0.89.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Midstream Partners LP is 0.92, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Western Midstream Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5752024-01-312024-02-012024-02-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.5752023-10-312023-11-012023-11-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.5632023-07-282023-07-312023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.8562023-04-282023-05-012023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Midstream Partners LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.569/35.38
=7.26 %

Current Share Price is $35.38.
Western Midstream Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.569.

During the past 13 years, the highest Dividend Yield of Western Midstream Partners LP was 77.19%. The lowest was 0.09%. And the median was 5.56%.

Warning Sign:

Western Midstream Partners LP stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Midstream Partners LP 3-Year Dividend Growth Rate Related Terms>


Western Midstream Partners LP (Western Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
Executives
Kerr Mcgee Corp /de 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Occidental Petroleum Corp /de/ 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Alejandro O Nebreda officer: SVP, Business Services 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Michael S. Forsyth officer: SVP, North Operations 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Daniel P. Holderman officer: SVP Co-Chief Operating Officer 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Robert W. Bourne officer: SVP & Chief Commercial Officer 1400 16TH STREET, SUITE 310, DENVER CO 80202
Kristen S. Shults officer: SVP & Chief Financial Officer 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Frederick A. Forthuber director 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Anadarko Ush1 Corp 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Anadarko Holding Co 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher B. Dial officer: SVP, GC and Secretary 2103 CITYWEST BLVD., BUILDING 4, SUITE 800, HOUSTON TX 77042
Charles G. Griffie officer: SVP, Ops and Engineering 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Catherine A. Green officer: VP & Chief Accounting Officer 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Lisa A Stewart director EL PASO CORPORATION, 1001 LOUISIANA STREET, HOUSTON TX 77002
Craig W Collins officer: SVP & Chief Operating Officer 15021 KATY FREEWAY, SUITE 400, HOUSTON TX 77094