Investors seeking high and reliable dividend yield amid volatility could consider Western Midstream Partners (WES). Its focus on returning higher cash to its shareholders and an ultra-high yield of 9.6% makes it a compelling income stock to consider now.
Western Midstream operates in the midstream segment of the energy industry, a space known for its stable cash flow characteristics. The company’s core operations include gathering and transporting oil and gas and the disposal of produced water. It also markets natural gas, NGLs, and condensates under specific processing agreements. This diversified service offering positions WES to generate consistent revenue, even as energy markets fluctuate.
