Western Midstream Partners LP Dividends
The next dividend date for Western Midstream Partners LP has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Western Midstream Partners LP (WES)
More About Western Midstream Partners LP
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. 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.
Owning Western Midstream Partners LP Stock on the Dividend Date
If you own Western Midstream Partners LP stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Western Midstream Partners LP stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Western Midstream Partners LP stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Western Midstream Partners LP stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Western Midstream Partners LP dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Western Midstream Partners LP Dividends
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