High Yield Stock: Western Gas Partners, LP Increases Quarterly Distribution - Yield Over Six Percent

Western Gas Partners, LP (WES), a midstream energy company that processes and transports natural gas, raised its quarterly distribution from $0.32 per unit to $0.33 per unit, a 3.13 percent increase. The new distribution is payable February 12, 2010 to unitholders of record as of February 1, 2010.

WES, founded in 2007, is a subsidiary of Anadarko Petroleum Corporation (APC).

Its current dividend yield is 6.20 percent.

To get more performance information about WES, use the buyupside.com Stock Return Calculator.

See Great Dividend Stocks (A-Z) for more dividend-paying stocks.

See Pipeline Master Limited Partnerships Pay Hefty Cash Distributions for more pipeline stocks.

I (RAH) do not own WES.

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Posted January 26, 2010.