Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Western Midstream Partners Dividend Announcement
• Western Midstream Partners announced a quarterly dividend of $0.88 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-01
• Western Midstream Partners annual dividend for 2024 was $3.20
• Western Midstream Partners annual dividend for 2023 was $2.49
• Western Midstream Partners's trailing twelve-month (TTM) dividend yield is 11.41%
• Western Midstream Partners's payout ratio for the trailing twelve months (TTM) is 88.47%
• Western Midstream Partners's dividend growth over the last five years (2018-2023) was 7.38% year
Western Midstream Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.88 | quarterly | 2024-11-14 |
2024-08-01 | $0.88 | quarterly | 2024-08-14 |
2024-04-30 | $0.88 | quarterly | 2024-05-15 |
2024-01-31 | $0.57 | quarterly | 2024-02-13 |
2023-10-31 | $0.57 | quarterly | 2023-11-13 |
2023-07-28 | $0.56 | quarterly | 2023-08-14 |
2023-04-28 | $0.86 | quarterly | 2023-05-15 |
2023-01-31 | $0.50 | quarterly | 2023-02-13 |
2022-10-28 | $0.50 | quarterly | 2022-11-14 |
2022-07-29 | $0.50 | quarterly | 2022-08-12 |
2022-04-29 | $0.50 | quarterly | 2022-05-13 |
2022-01-28 | $0.33 | quarterly | 2022-02-14 |
2021-10-29 | $0.32 | quarterly | 2021-11-12 |
2021-07-29 | $0.32 | quarterly | 2021-08-13 |
2021-04-29 | $0.32 | quarterly | 2021-05-14 |
2021-01-29 | $0.31 | quarterly | 2021-02-12 |
2020-10-29 | $0.31 | quarterly | 2020-11-13 |
2020-07-30 | $0.31 | quarterly | 2020-08-13 |
2020-04-30 | $0.31 | quarterly | 2020-05-14 |
2020-01-30 | $0.62 | quarterly | 2020-02-13 |
2019-10-31 | $0.62 | quarterly | 2019-11-13 |
2019-07-30 | $0.62 | quarterly | 2019-08-13 |
2019-04-30 | $0.61 | quarterly | 2019-05-14 |
2019-01-31 | $0.60 | quarterly | 2019-02-21 |
2018-10-30 | $0.59 | quarterly | 2018-11-13 |
2018-07-31 | $0.58 | quarterly | 2018-08-13 |
2018-05-01 | $0.57 | quarterly | 2018-05-14 |
2017-11-01 | $0.54 | quarterly | 2017-11-22 |
2017-07-27 | $0.53 | quarterly | 2017-08-11 |
2017-04-27 | $0.49 | quarterly | 2017-05-12 |
2017-01-31 | $0.46 | quarterly | 2017-02-13 |
2016-10-27 | $0.45 | quarterly | 2016-11-10 |
2016-07-28 | $0.43 | quarterly | 2016-08-12 |
2016-04-28 | $0.42 | quarterly | 2016-05-13 |
2016-01-28 | $0.40 | quarterly | 2016-02-11 |
2015-10-29 | $0.38 | quarterly | 2015-11-12 |
2015-07-29 | $0.36 | quarterly | 2015-08-12 |
2015-04-28 | $0.34 | quarterly | 2015-05-13 |
2015-01-29 | $0.31 | quarterly | 2015-02-12 |
2014-10-29 | $0.29 | quarterly | 2014-11-13 |
2014-07-29 | $0.27 | quarterly | 2014-08-13 |
2014-04-28 | $0.25 | quarterly | 2014-05-14 |
2014-01-29 | $0.23 | quarterly | 2014-02-12 |
2013-10-29 | $0.00 | quarterly | 2013-11-12 |
2013-07-29 | $0.00 | quarterly | 2013-08-12 |
2013-04-26 | $0.00 | quarterly | 2013-05-13 |
2013-01-30 | $0.00 | quarterly | 2013-02-12 |
Western Midstream Partners Dividend per year
Western Midstream Partners Dividend growth
Western Midstream Partners Dividend Yield
Western Midstream Partners current trailing twelve-month (TTM) dividend yield is 11.41%. Interested in purchasing Western Midstream Partners stock? Use our calculator to estimate your expected dividend yield:
Western Midstream Partners Financial Ratios
Western Midstream Partners Dividend FAQ
Other factors to consider when evaluating Western Midstream Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Western Midstream Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Western Midstream Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Western Midstream Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Western Midstream Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Western Midstream Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Western Midstream Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Western Midstream Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Western Midstream Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Western Midstream Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.