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Western Midstream Partners LP (Western Midstream Partners LP) Dividend Yield %

: 7.43% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Western Midstream Partners LP is 7.43%.

Warning Sign:

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

The historical rank and industry rank for Western Midstream Partners LP's Dividend Yield % or its related term are showing as below:

WES' s Dividend Yield % Range Over the Past 10 Years
Min: 0.09   Med: 5.56   Max: 77.19
Current: 7.43

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%.

WES's Dividend Yield % is ranked better than
78.09% of 493 companies
in the Oil & Gas industry
Industry Median: 4.07 vs WES: 7.43

Western Midstream Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.76.

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.

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.

As of today (2024-04-19), the Forward Dividend Yield % of Western Midstream Partners LP is 6.63%.

Western Midstream Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.58.

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.

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.

The growth rate is calculated with least square regression.

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


Western Midstream Partners LP Dividend Yield % Historical Data

The historical data trend for Western Midstream Partners LP's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Western Midstream Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.45 11.25 5.69 6.98 8.52

Western Midstream Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.98 7.58 8.88 8.88 8.52

Competitive Comparison

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's Dividend Yield % falls into.



Western Midstream Partners LP Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.569/34.65
=7.41 %

Current Share Price is $34.65.
Western Midstream Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.569.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.3/34.65
=6.64 %

Current Share Price is $34.65.
Western Midstream Partners LP's Dividends per Share for the forward twelve months is calculated as $0.575 * 4 = $2.3.

* 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  (NYSE:WES) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Western Midstream Partners LP Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Western Midstream Partners LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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