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Westlake Chemical Partners (WLKP) Dividend Yield, Date & History

Westlake Chemical Partners logo
$23.54 -0.09 (-0.38%)
(As of 12/17/2024 ET)

Westlake Chemical Partners Dividend Summary

Dividend Yield
7.99%
Annual Dividend
$1.88
Recent
Dividend Payment
Nov. 27
Dividend Payout Ratio
107.43%

Westlake Chemical Partners (WLKP) pays an annual dividend of $1.88 per share, with a dividend yield of 7.99%. The next quarterly payment of $0.4710 per share was paid on Wednesday, November 27, to investors who owned the stock before the ex-dividend date of Tuesday, November 12. The company currently pays out 107.43% of its earnings and 40.97% of its cash flow as dividends.

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WLKP Dividend Payments by Quarter

The chart below displays up to four years of Westlake Chemical Partners' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

WLKP Dividend Yield Over Time

The chart below tracks Westlake Chemical Partners' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Westlake Chemical Partners vs. The Competition

Compare Westlake Chemical Partners' annual dividend, yield, and 3-year growth rate with averages for Materials and NYSE companies to evaluate its performance against the market.

TypeWestlake Chemical PartnersMaterials CompaniesNYSE Companies
Annual Dividend$1.88$0.17$1.39
Dividend Yield7.99%5.25%3.51%
Annualized 3-Year Dividend Growth0.00%21.47%15.58%

Westlake Chemical Partners Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings107.43%
Based on This Year's Estimate121.29%
Based on Next Year's Estimate110.59%
Based on Cashflow40.97%

Westlake Chemical Partners Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/30/2024Quarterly$0.4710-$0.0004
0.08%
8.37%11/12/202411/12/202411/27/2024
7/30/2024quarterly$0.4714 - 8.2%8/12/20248/12/20248/27/2024
4/30/2024quarterly$0.4714 - 8.6%5/10/20245/13/20245/29/2024
1/22/2024quarterly$0.4714 - 8.2%2/1/20242/2/20242/20/2024
10/31/2023quarterly$0.4714 - 8.6%11/9/202311/10/202311/27/2023
8/1/2023Quarterly$0.4714+$0.0004
0.08%
8.26%8/10/20238/11/20238/25/2023
5/2/2023Quarterly$0.4710 - 8.63%5/11/20235/12/20235/26/2023
1/23/2023Quarterly$0.4710 - 7.39%2/1/20232/2/20232/16/2023

This table shows Westlake Chemical Partners' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Westlake Chemical Partners Dividend - Frequently Asked Questions

The current dividend yield for Westlake Chemical Partners is 7.99%. Learn more on WLKP's dividend yield history.

The annual dividend for WLKP shares is $1.88. Learn more on WLKP's annual dividend history.

Westlake Chemical Partners pays quarterly dividends to shareholders.

Westlake Chemical Partners's most recent quarterly dividend payment of $0.4710 per share was made to shareholders on Wednesday, November 27, 2024.

Westlake Chemical Partners's most recent ex-dividend date was Tuesday, November 12, 2024.

The most recent change in the company's dividend was a decrease of $0.0004 on Wednesday, October 30, 2024.

The dividend payout ratio for WLKP is:
  • 107.43% based on the trailing year of earnings
  • 121.29% based on this year's estimates
  • 110.59% based on next year's estimates
  • 40.97% based on cash flow

Westlake Chemical Partners' dividend yield of 7.86% is higher than the average Basic Materials company that issues a dividend. WLKP has a dividend yield higher than 75% of all dividend-paying stocks 5.5, making it a leading dividend payer. Westlake Chemical Partners' dividend payout ratio of 107.43% may not be sustainable.

Looking at the stock as a whole, market analysts rate Westlake Chemical Partners stock as a Strong Buy, forecasting significant upside potential and strong investment returns.


This page (NYSE:WLKP) was last updated on 12/18/2024 by MarketBeat.com Staff
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