WLK Westlake Chemical dividend history, payout ratio & dates
- Stocks
- Basic Materials
- NYSE: WLK
- Dividend
Last dividend date: May 20, 2025
Dividend yield: 2.46%
Payout ratio: 70%
Westlake Chemical's most recent dividend was on May 20, 2025 (ex-date) with a cash dividend payment of $0.525 per share. At an annualized rate of $2.1 per share, the stock yields 2.46%.
WLK dividend stats
vs. Basic Materials sector
Westlake Chemical Dividend yield
WLK has a dividend yield of 2.46% which is higher than the Basic Materials sector and the industry average but lower than its peers average. In comparison with the Basic Materials sector average of 1.81%, Westlake Chemical's dividend yield is 36% higher. The current dividend yield is higher than the historical average of 1.4% of the last 5 years.
WLK Dividend history
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 5% for the last year. And since the stock price has gone down by 42% from a year ago, the dividend yield has increased by 80%.
Westlake Chemical Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 20, 2025 | $0.525 | 2.76% |
| Mar 4, 2025 | $0.525 | 1.94% |
| Nov 26, 2024 | $0.525 | 1.6% |
| Aug 20, 2024 | $0.525 | 1.41% |
| May 20, 2024 | $0.5 | 1.25% |
| Feb 27, 2024 | $0.5 | 1.36% |
| Nov 20, 2023 | $0.5 | 1.32% |
| Aug 24, 2023 | $0.5 | 1.21% |
| May 22, 2023 | $0.357 | 1.23% |
| Feb 28, 2023 | $0.357 | 1.15% |
| Nov 23, 2022 | $0.357 | 1.23% |
| Aug 19, 2022 | $0.357 | 1.19% |
| May 20, 2022 | $0.298 | 0.94% |
| Feb 28, 2022 | $0.298 | 1.05% |
| Nov 22, 2021 | $0.298 | 1.16% |
| Aug 23, 2021 | $0.298 | 1.33% |
| May 24, 2021 | $0.27 | 1.07% |
| Mar 1, 2021 | $0.27 | 1.23% |
| Nov 23, 2020 | $0.27 | 1.4% |
| Aug 24, 2020 | $0.27 | 1.77% |
| May 22, 2020 | $0.263 | 2.39% |
| Feb 24, 2020 | $0.263 | 1.74% |
| Nov 25, 2019 | $0.263 | 1.45% |
| Aug 26, 2019 | $0.263 | 1.79% |
| May 28, 2019 | $0.25 | 1.66% |
| Feb 26, 2019 | $0.25 | 1.33% |
| Nov 26, 2018 | $0.25 | 1.32% |
| Aug 27, 2018 | $0.25 | 0.9% |
| May 29, 2018 | $0.21 | 0.71% |
| Feb 26, 2018 | $0.21 | 0.73% |
| Nov 24, 2017 | $0.21 | 0.85% |
| Aug 30, 2017 | $0.21 | 1.02% |
| May 25, 2017 | $0.191 | 1.22% |
| Feb 24, 2017 | $0.191 | 1.18% |
| Nov 29, 2016 | $0.191 | 1.37% |
| Aug 31, 2016 | $0.191 | 1.42% |
| May 19, 2016 | $0.182 | 1.67% |
| Feb 25, 2016 | $0.182 | 1.64% |
| Dec 2, 2015 | $0.182 | 1.18% |
| Sep 2, 2015 | $0.182 | 1.3% |
| May 27, 2015 | $0.165 | 0.94% |
| Mar 3, 2015 | $0.165 | 0.92% |
Westlake Chemical dividend payout ratio
Payout ratio
WLK has a payout ratio of 70% 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 42.5%, Westlake Chemical's payout ratio is 65% higher.
Total amount of dividends paid per financial year (from cash flow)
WLK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 9.48% | $2.8 | 700% |
| HUN Huntsman CORP | 8.7% | $1 | N/A |
| EMN Eastman Chemical Co | 4.11% | $3.3 | 41.6% |
| OLN OLIN Corp | 3.66% | $0.8 | 153.8% |
| PSX Phillips 66 | 3.53% | $4.65 | 104.7% |
| XOM Exxon Mobil Corp | 3.4% | $3.92 | 52% |
| WLK Westlake Chemical Corp | 2.46% | $2.1 | 70% |
| CE Celanese Corp | 2.39% | $1.46 | N/A |
| ALB Albemarle Corp | 2.28% | $1.62 | N/A |
| HON Honeywell International Inc | 1.89% | $4.47 | 51.1% |
Frequently asked questions
Does Westlake Chemical pay a dividend?
Yes, Westlake Chemical has paid four dividends in the last 12 months. WLK has been paying dividends since 2004.
When was WLK's last dividend?
Westlake Chemical's last regular dividend was on May 20, 2025 (ex-date) with the amount of $0.525 per share.
How much dividend does Westlake Chemical pay (per share)?
WLK has paid dividend of $2.1 per share in the last year.
What is Westlake Chemical's dividend yield?
Westlake Chemical's current dividend yield is 2.46%.
How often does Westlake Chemical pay dividends?
Westlake Chemical pays four dividends per year.
What is Westlake Chemical's dividend payout ratio?
Westlake Chemical's dividend payout ratio is 70%.
Does Westlake Chemical pay a good dividend?
Westlake Chemical's dividend yield is higher than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield.