Westlake Chemical's most recent quarterly dividend was on Feb 27, 2024 (ex-date) with a cash dividend payment of $0.5 per share. At an annualized rate of $1.86 per share, the stock yields 1.22%.
WLK has a dividend yield of 1.22% which is lower than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 1.87%, Westlake Chemical's dividend yield is 35% lower. The current dividend yield is lower than the historical average of 1.4% of the last 5 years.
Westlake Chemical has been paying dividends since 2004. WLK has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 36% for the last year. However since the stock price has gone up by 38% from a year ago, the dividend yield has decreased by 1.4%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Feb 27, 2024 | Mar 14, 2024 | Feb 16, 2024 | $0.5 | normal |
Nov 20, 2023 | Dec 6, 2023 | Nov 10, 2023 | $0.5 | normal |
Aug 24, 2023 | Sep 12, 2023 | Aug 14, 2023 | $0.5 | normal |
May 22, 2023 | Jun 8, 2023 | May 12, 2023 | $0.357 | normal |
Feb 28, 2023 | Mar 16, 2023 | Feb 17, 2023 | $0.357 | normal |
Nov 23, 2022 | Dec 9, 2022 | Nov 11, 2022 | $0.357 | normal |
Aug 19, 2022 | Sep 6, 2022 | Aug 12, 2022 | $0.357 | normal |
May 20, 2022 | Jun 7, 2022 | May 13, 2022 | $0.298 | normal |
Feb 28, 2022 | Mar 15, 2022 | Feb 18, 2022 | $0.298 | normal |
Nov 22, 2021 | Dec 8, 2021 | Nov 12, 2021 | $0.298 | normal |
Aug 23, 2021 | Sep 8, 2021 | Aug 13, 2021 | $0.298 | normal |
May 24, 2021 | Jun 9, 2021 | May 14, 2021 | $0.27 | normal |
Mar 1, 2021 | Mar 16, 2021 | Feb 19, 2021 | $0.27 | normal |
Nov 23, 2020 | Dec 9, 2020 | Nov 13, 2020 | $0.27 | normal |
Aug 24, 2020 | Sep 9, 2020 | Aug 14, 2020 | $0.27 | normal |
May 22, 2020 | Jun 9, 2020 | May 15, 2020 | $0.262 | normal |
Feb 24, 2020 | Mar 10, 2020 | Feb 14, 2020 | $0.263 | normal |
Nov 25, 2019 | Dec 10, 2019 | Nov 15, 2019 | $0.263 | normal |
Aug 26, 2019 | Sep 11, 2019 | Aug 16, 2019 | $0.263 | normal |
May 28, 2019 | Jun 12, 2019 | May 17, 2019 | $0.25 | normal |
Feb 26, 2019 | Mar 13, 2019 | Feb 15, 2019 | $0.25 | normal |
Nov 26, 2018 | Dec 11, 2018 | Nov 16, 2018 | $0.25 | normal |
Aug 27, 2018 | Sep 12, 2018 | Aug 17, 2018 | $0.25 | normal |
May 29, 2018 | Jun 13, 2018 | May 18, 2018 | $0.21 | normal |
Feb 26, 2018 | Mar 13, 2018 | Feb 16, 2018 | $0.21 | normal |
Nov 24, 2017 | Dec 11, 2017 | Nov 17, 2017 | $0.21 | normal |
Aug 30, 2017 | Sep 18, 2017 | Aug 18, 2017 | $0.21 | normal |
May 25, 2017 | Jun 13, 2017 | May 19, 2017 | $0.191 | normal |
Feb 24, 2017 | Mar 14, 2017 | Feb 17, 2017 | $0.191 | normal |
Nov 29, 2016 | Dec 16, 2016 | Nov 21, 2016 | $0.191 | normal |
Aug 31, 2016 | Sep 20, 2016 | Aug 18, 2016 | $0.191 | normal |
May 19, 2016 | Jun 7, 2016 | May 10, 2016 | $0.182 | normal |
Feb 25, 2016 | Mar 14, 2016 | Feb 18, 2016 | $0.182 | normal |
WLK has a payout ratio of 49.8% which is higher than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 37.4%, Westlake Chemical's payout ratio is 33% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
DOW Dow Inc | 4.83% | $2.8 | 341.5% |
HUN Huntsman CORP | 3.7% | $0.96 | 168.9% |
XOM Exxon Mobil Corp | 3.2% | $3.72 | 41.8% |
EMN Eastman Chemical Co | 3.19% | $3.2 | 42.4% |
PSX Phillips 66 | 2.57% | $4.2 | 27% |
CE Celanese Corp | 1.63% | $2.8 | 15.5% |
OLN OLIN Corp | 1.36% | $0.8 | 21.9% |
WLK Westlake Chemical Corp | 1.22% | $1.86 | 49.8% |
ALB Albemarle Corp | 1.21% | $1.6 | 11.9% |
Yes, Westlake Chemical has paid four dividends in the last 12 months. WLK has been paying dividends since 2004.
WLK hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in May 2024.
Westlake Chemical's last regular dividend was on Feb 27, 2024 (ex-date) with the amount of $0.5 per share.
WLK has paid dividend of $1.86 per share in the last year.
Westlake Chemical's current dividend yield is 1.22%.
Westlake Chemical pays four dividends per year.
Westlake Chemical's dividend payout ratio is 49.8%.
Westlake Chemical's dividend yield is lower than the Basic Materials sector average.