Western Midstream Partners, LP (WES) Raises Quarterly Dividend 1.3% to $0.327; 5.5% Yield

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Go back to Western Midstream Partners, LP (WES) Raises Quarterly Dividend 1.3% to $0.327; 5.5% Yield

Western Midstream Announces Fourth-Quarter 2021 Distribution Increase and Earnings Conference Call

January 21, 2022 8:30 AM EST

HOUSTON--(BUSINESS WIRE)-- Today Western Midstream Partners, LP (NYSE: WES) (WES or the Partnership) announced that the board of directors of its general partner declared a quarterly cash distribution of $0.327 per unit for the fourth quarter of 2021. This distribution represents a 1.3-percent increase over the prior quarters distribution and is consistent with the partnerships previously disclosed annualized 2021 distribution growth rate of 5-percent. WESs fourth-quarter 2021 distribution is payable February 14, 2022, to unitholders of record at the close of business on January 31, 2022.

In addition, the Partnership plans to engage with its board of directors regarding its... More