WLKP Westlake Chemical Partners dividend history, payout ratio & dates
Westlake Chemical Partners's latest dividend of $0.471 per share was on Aug 12, 2024 (ex-date). At an annualized rate of $1.89 per share, the stock yields 8.4%.
Key dates
- WLKP last dividend date: Aug 12, 2024
WLKP dividend stats
vs. Basic Materials sector
Dividend yield
WLKP has a dividend yield of 8.4% which is higher than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 2.07%, Westlake Chemical Partners's dividend yield is 306% higher. The historical 5-year average of WLKP's dividend yield is 8.2%, which is in line with the current one.
Dividend history
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 remained the same since twelve months ago. However with the price of the stock up by 5% from a year ago, the dividend yield has a decrease of 5%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 12, 2024 | $0.471 | 8.39% |
| May 10, 2024 | $0.471 | 8.42% |
| Feb 1, 2024 | $0.471 | 8.05% |
| Nov 9, 2023 | $0.471 | 8.84% |
| Aug 10, 2023 | $0.471 | 8.39% |
| May 11, 2023 | $0.471 | 8.91% |
| Feb 1, 2023 | $0.471 | 7.59% |
| Nov 9, 2022 | $0.471 | 8.67% |
| Aug 10, 2022 | $0.471 | 7.45% |
| May 11, 2022 | $0.471 | 7.11% |
| Feb 2, 2022 | $0.471 | 7.14% |
| Nov 10, 2021 | $0.471 | 7.52% |
| Aug 11, 2021 | $0.471 | 6.99% |
| May 12, 2021 | $0.471 | 7.07% |
| Feb 3, 2021 | $0.471 | 7.85% |
| Nov 6, 2020 | $0.471 | 10.22% |
| Aug 7, 2020 | $0.471 | 9.81% |
| May 8, 2020 | $0.471 | 9.69% |
| Jan 31, 2020 | $0.471 | 8.13% |
| Nov 8, 2019 | $0.465 | 7.79% |
| Aug 9, 2019 | $0.458 | 7.97% |
| May 10, 2019 | $0.445 | 7.6% |
| Feb 4, 2019 | $0.433 | 7.31% |
| Nov 8, 2018 | $0.421 | 6.99% |
| Aug 9, 2018 | $0.409 | 5.92% |
| May 9, 2018 | $0.398 | 6.98% |
| Feb 7, 2018 | $0.386 | 6.37% |
| Nov 13, 2017 | $0.376 | 6.65% |
| Aug 11, 2017 | $0.365 | 5.76% |
| May 11, 2017 | $0.355 | 5.4% |
| Feb 3, 2017 | $0.345 | 5.3% |
| Nov 9, 2016 | $0.335 | 5.87% |
| Aug 5, 2016 | $0.326 | 5.49% |
| May 6, 2016 | $0.317 | 5.88% |
| Feb 9, 2016 | $0.308 | 6.48% |
| Nov 5, 2015 | $0.299 | 6.57% |
| Aug 11, 2015 | $0.291 | 5.1% |
| May 8, 2015 | $0.283 | 3.59% |
| Feb 5, 2015 | $0.275 | 1.75% |
Westlake Chemical Partners dividend payout ratio
Payout ratio
WLKP has a payout ratio of 117.9% which is higher than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 44.8%, Westlake Chemical Partners's payout ratio is 163% higher.
Total amount of dividends paid per financial year (from cash flow)
WLKP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WLKP Westlake Chemical Partners LP | 8.35% | $1.89 | 117.9% |
| IOSP Innospec Inc | 1.34% | $1.48 | 24.6% |
| VHI Valhi Inc | 0.88% | $0.32 | 35.6% |
Frequently asked questions
Does Westlake Chemical Partners pay a dividend?
Yes, Westlake Chemical Partners has been paying dividends for the last ten years.
When was WLKP's last dividend?
Westlake Chemical Partners's last regular dividend was on Aug 12, 2024 (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 8.4%.
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 117.9%.
Does Westlake Chemical Partners pay a good dividend?
Westlake Chemical Partners's dividend yield is more than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.