WLK Westlake Chemical dividend history, payout ratio & dates
- Stocks
- Basic Materials
- NYSE: WLK
- Dividend
Westlake Chemical's most recent dividend was on Mar 4, 2025 (ex-date) with a cash dividend payment of $0.525 per share. At an annualized rate of $2.08 per share, the stock yields 2.59%.
Key dates
- WLK last dividend date: Mar 4, 2025
WLK dividend stats
vs. Basic Materials sector
Dividend yield
WLK has a dividend yield of 2.59% 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 1.9%, 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.
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 12% for the last year. And since the stock price has gone down by 49% from a year ago, the dividend yield has increased by 121%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 69.2% which is higher than the Basic Materials sector and the industry average but lower than its peers average. If we compare it with the Basic Materials sector average of 47.5%, Westlake Chemical's payout ratio is 46% 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 | 9.5% | $2.8 | 700% |
| HUN Huntsman CORP | 8.3% | $1 | N/A |
| EMN Eastman Chemical Co | 4.23% | $3.28 | 41.4% |
| PSX Phillips 66 | 4.15% | $4.6 | 103.6% |
| OLN OLIN Corp | 3.75% | $0.8 | 153.8% |
| XOM Exxon Mobil Corp | 3.62% | $3.88 | 51.5% |
| CE Celanese Corp | 2.85% | $1.46 | N/A |
| ALB Albemarle Corp | 2.79% | $1.62 | N/A |
| WLK Westlake Chemical Corp | 2.59% | $2.08 | 69.2% |
| HON Honeywell International Inc | 2.07% | $4.42 | 50.5% |
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 Mar 4, 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 $2.08 per share in the last year.
What is Westlake Chemical's dividend yield?
Westlake Chemical's current dividend yield is 2.59%.
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 69.2%.
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.