Dividend compounder review

WES

Western Midstream Partners LP · NYSE · US

Energy · Oil & Gas Midstream

Score78.50/100
Confidence92.00/100
DecisionReject
RatingHigh Quality Watchlist Candidate
Scoring

Quality breakdown

Dividend Reliability 18.0 / 25 Payment history, cuts, growth, and regularity.
Dividend Sustainability 10.0 / 20 Payout, free cash flow, dividend cover, and debt.
Business Quality 25.0 / 25 Scale, cash generation, growth, margins, and returns.
Valuation Discipline 12.0 / 15 Yield, P/E, and price stretch versus long-term trend.
Long-Term Trend 13.5 / 15 Trend line, long return history, and drawdown control.
Metrics

Dividend and business context

Dividend Years13
Dividend Yield8.47%
Payout Ratio119.7%
Dividend Cut 5YYes
Net Income$1.2B
Free Cash Flow$1.5B
FCF Covers DividendYes
Debt / Equity2.48
P/E14.7
Revenue Growth 5Y6.7%
Net Margin29.5%
ROE36.7%
Price vs Trend10.0%
3Y Return120.5%
5Y Return207.3%
CurrencyUSD
Warnings

Review flags

Dividend cut or material annual decrease detected in the last five completed years.
Payout ratio is elevated at 119.7%.
Debt to equity is elevated at 2.48.
Dividend yield is unusually high at 8.5%; possible value trap.
Dividend diary

Activity record

WES dividend review warning Warning · Warning

Dividend yield is unusually high at 8.5%; possible value trap.

WES dividend payment 0.93 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.91 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.91 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.91 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.91 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.875 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.875 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.875 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

Dividend increased 52.2% Dividend Increase · Positive

Payment changed from 0.575 to 0.875.

WES dividend payment 0.875 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.575 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

WES dividend payment 0.575 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

Dividend decreased -34.2% Dividend Decrease · Negative

Payment changed from 0.856 to 0.563.

WES dividend payment 0.563 USD Dividend Payment · Info

Recorded dividend payment for Western Midstream Partners LP.

Dividend increased 71.2% Dividend Increase · Positive

Payment changed from 0.5 to 0.856.

Dividend increased 52.9% Dividend Increase · Positive

Payment changed from 0.327 to 0.5.

Dividend cut -50.0% Dividend Cut · Negative

Payment changed from 0.622 to 0.311.

Dividend increased 5.8% Dividend Increase · Positive

Payment changed from 0.538 to 0.569.