# Western Midstream (WES) — Dividends WES · NYSE · Stock Canonical page: https://www.lighthorse.io/tickers/wes/dividends ## Dividend summary | Metric | Value | | --- | --- | | Frequency | quarterly | | Trailing 12 months | $3.68 | | Forward yield | 8.34% | | Growth streak | 3 years | Western Midstream pays a quarterly distribution of $0.93 per unit. Its most recent distribution had an ex-date of July 31, 2026 and was paid on August 14, 2026. Over the trailing twelve months, it paid $3.68 per unit, a yield of about 7.96% at a price of $46.23. The rate has moved up in several steps. It was $0.33 in early 2022 and $0.50 from April 2022, then $0.56 in July 2023 and $0.58 in October 2023. In April 2024 it rose to $0.88, about 52% above $0.58. Since then, smaller increases have come with the distribution that goes ex-dividend in late April or early May: $0.91 in 2025 and $0.93 in 2026. April 2023 also shows a second payment of $0.36 on the same ex-date as the regular $0.50. Distributions by calendar year rose from $1.83 in 2022 to $2.50 in 2023, which includes that extra payment, $3.22 in 2024 and $3.61 in 2025. The source gives a growth streak of three years. If the pattern holds, the next distribution would go ex-dividend around the end of October 2026 and be paid in mid-November. Recent increases have come with the spring distribution, not the autumn one. ## Payment history | Ex-date | Pay date | Amount per share | | --- | --- | --- | | Jul 31, 2026 | Aug 14, 2026 | $0.93 | | May 1, 2026 | May 15, 2026 | $0.93 | | Feb 2, 2026 | Feb 13, 2026 | $0.91 | | Oct 31, 2025 | Nov 14, 2025 | $0.91 | | Aug 1, 2025 | Aug 14, 2025 | $0.91 | | May 2, 2025 | May 15, 2025 | $0.91 | | Feb 3, 2025 | Feb 14, 2025 | $0.88 | | Nov 1, 2024 | Nov 14, 2024 | $0.88 | | Aug 1, 2024 | Aug 14, 2024 | $0.88 | | Apr 30, 2024 | May 15, 2024 | $0.88 | | Jan 31, 2024 | Feb 13, 2024 | $0.58 | | Oct 31, 2023 | Nov 13, 2023 | $0.58 | | Jul 28, 2023 | Aug 14, 2023 | $0.56 | | Apr 28, 2023 | May 15, 2023 | $0.36 | | Apr 28, 2023 | May 15, 2023 | $0.50 | | Jan 31, 2023 | Feb 13, 2023 | $0.50 | | Oct 28, 2022 | Nov 14, 2022 | $0.50 | | Jul 29, 2022 | Aug 12, 2022 | $0.50 | | Apr 29, 2022 | May 13, 2022 | $0.50 | | Jan 28, 2022 | Feb 14, 2022 | $0.33 | ## Frequently Asked Questions ### Does Western Midstream (WES) pay a dividend? Yes. Western Midstream pays a quarterly dividend; the most recent payment was $0.93 per share. ### What is WES's dividend yield? Western Midstream paid $3.68 per share over the trailing twelve months, a yield of 8.34% at the last price of $44.14. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield) ### When is WES's most recent ex-dividend date? Western Midstream's most recent ex-dividend date is Jul 31, 2026, payable on Aug 14, 2026. ### What is the difference between ex and payment dates? An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date) ### Has WES been raising its dividend? Yes — Western Midstream has increased its dividend for 3 consecutive calendar years. ## Similar Stocks - [PAA](https://www.lighthorse.io/tickers/paa) — Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests - [ET](https://www.lighthorse.io/tickers/et) — Energy Transfer LP Common Units - [PAGP](https://www.lighthorse.io/tickers/pagp) — Plains GP Holdings, L.P. - Class A Shares representing limited partner interests - [TRGP](https://www.lighthorse.io/tickers/trgp) — Targa Resources, Inc. Common Stock - [EPD](https://www.lighthorse.io/tickers/epd) — Enterprise Products Partners L.P. Common Stock - [OKE](https://www.lighthorse.io/tickers/oke) — ONEOK, Inc. Common Stock - [MPLX](https://www.lighthorse.io/tickers/mplx) — MPLX LP Common Units Representing Limited Partner Interests --- Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution. This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness. Data provided by [AInvest](https://www.ainvest.com).