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WLKP Westlake Chemical Partners dividend history, payout ratio & dates

Westlake Chemical Partners's latest quarterly dividend of $0.471 per share was on Nov 9, 2022 (ex-date). At an annualized rate of $1.89 per share, the stock yields 8.42%.

Key dates

  • WLKP last dividend date: Nov 9, 2022
  • WLKP next dividend date: Not announced
WLKP dividend stats
DPS
$1.89
Dividend yield
8.39%
Payout ratio
86.5%
vs. Basic Materials sector
Dividend yield
1.9%
Payout ratio
25.8%

Dividend yield

What is Westlake Chemical Partners current dividend yield

WLKP has a dividend yield of 8.42% which is higher than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 1.9%, Westlake Chemical Partners's dividend yield is 343% higher. The historical 5-year average of WLKP's dividend yield is 7.7%, which is less than the current one.

Dividend history

What is WLKP dividend payout history and dates

Westlake Chemical Partners has a history of paying dividends since 2014. Our records of WLKP show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 0.1% since twelve months ago. And with the price of the stock down by 8% from a year ago, the dividend yield has an increase of 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 9, 2022 Nov 28, 2022 Oct 31, 2022 $0.471 normal
Aug 10, 2022 Aug 25, 2022 Aug 1, 2022 $0.471 normal
May 11, 2022 May 26, 2022 May 2, 2022 $0.471 normal
Feb 2, 2022 Feb 17, 2022 Jan 24, 2022 $0.471 normal
Nov 10, 2021 Nov 29, 2021 Nov 1, 2021 $0.471 normal
Aug 11, 2021 Aug 26, 2021 Aug 2, 2021 $0.471 normal
May 12, 2021 May 27, 2021 May 3, 2021 $0.471 normal
Feb 3, 2021 Feb 19, 2021 Jan 25, 2021 $0.471 normal
Nov 6, 2020 Nov 24, 2020 Oct 30, 2020 $0.471 normal
Aug 7, 2020 Aug 24, 2020 Jul 31, 2020 $0.471 normal
May 8, 2020 May 26, 2020 Apr 30, 2020 $0.471 normal
Jan 31, 2020 Feb 18, 2020 Jan 27, 2020 $0.471 normal
Nov 8, 2019 Nov 26, 2019 Oct 31, 2019 $0.465 normal
Aug 9, 2019 Aug 26, 2019 Jul 31, 2019 $0.458 normal
May 10, 2019 May 28, 2019 Apr 30, 2019 $0.445 normal
Feb 4, 2019 Feb 20, 2019 Jan 25, 2019 $0.433 normal
Nov 8, 2018 Nov 26, 2018 Oct 31, 2018 $0.421 normal
Aug 9, 2018 Aug 24, 2018 Jul 31, 2018 $0.409 normal
May 9, 2018 May 24, 2018 Apr 30, 2018 $0.398 normal
Feb 7, 2018 Feb 23, 2018 Jan 26, 2018 $0.386 normal
Nov 13, 2017 Nov 29, 2017 Nov 1, 2017 $0.376 normal
Aug 11, 2017 Aug 29, 2017 Aug 1, 2017 $0.365 normal
May 11, 2017 May 30, 2017 May 1, 2017 $0.355 normal
Feb 3, 2017 Feb 22, 2017 Jan 27, 2017 $0.345 normal
Nov 9, 2016 Nov 29, 2016 Oct 31, 2016 $0.335 normal
Aug 5, 2016 Aug 23, 2016 Jul 27, 2016 $0.326 normal

Westlake Chemical Partners dividend payout ratio

What is Westlake Chemical Partners dividend payout ratio compared to the sector

Payout ratio

WLKP has a payout ratio of 86.5% which is higher than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 25.8%, Westlake Chemical Partners's payout ratio is 235% higher.

Total amount of dividends paid per financial year (from cash flow)

WLKP dividend vs peer dividends

How does WLKP dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WLKP Westlake Chemical Partners LP 8.39% $1.89 86.5%
WLK Westlake Chemical Corp 1.28% $1.31 6.3%

Frequently asked questions

Does Westlake Chemical Partners pay a dividend?

Yes, Westlake Chemical Partners has been paying dividends for the last eight years.

When is Westlake Chemical Partners's next dividend?

WLKP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in February 2023.

When was WLKP's last dividend?

Westlake Chemical Partners's last regular dividend was on Nov 9, 2022 (ex-date) with the amount of $0.471 per share.

How much dividend does Westlake Chemical Partners pay (per share)?

WLKP's annualized dividend per share is $1.89.

What is Westlake Chemical Partners's dividend yield?

Westlake Chemical Partners's current dividend yield is 8.42%.

How often does Westlake Chemical Partners pay dividends?

Westlake Chemical Partners has a quarterly dividend frequency.

What is Westlake Chemical Partners's dividend payout ratio?

Westlake Chemical Partners's dividend payout ratio is 86.5%.

Does Westlake Chemical Partners pay a good dividend?

Westlake Chemical Partners's dividend yield is more than the Basic Materials sector average.