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Westlake Chemical Partners LP Stock Dividends Overview

WLKP pays dividends quarterly. Last paid amount was $0.471 at May 29, 2024. As of today, dividend yield (TTM) is 8.43%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.43%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.471
Westlake Chemical Partners LP has not yet announced its next dividend date. Last payment date was: May 29, 2024.

WLKP Dividend Payout History

To ensure a understanding of WLKP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 30, 2024 May 10, 2024 May 29, 2024 $0.471 2.10%
2 Jan 22, 2024 Feb 01, 2024 Feb 20, 2024 $0.471 2.15%
3 Oct 31, 2023 Nov 09, 2023 Nov 27, 2023 $0.470 2.09%
4 Aug 01, 2023 Aug 10, 2023 Aug 25, 2023 $0.471 2.09%
5 May 02, 2023 May 11, 2023 May 26, 2023 $0.471 2.21%
6 Jan 23, 2023 Feb 01, 2023 Feb 16, 2023 $0.471 1.98%
7 Oct 31, 2022 Nov 09, 2022 Nov 28, 2022 $0.471 2.10%
8 Aug 01, 2022 Aug 10, 2022 Aug 25, 2022 $0.471 1.82%
9 May 02, 2022 May 11, 2022 May 26, 2022 $0.471 1.71%
10 Jan 24, 2022 Feb 02, 2022 Feb 17, 2022 $0.471 1.72%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

good (100.00%)

Growth potential

Stable (35.47%)

WLKP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from WLKP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in WLKP stock here.

Comparing WLKP to Sector and Country

WLKP pays a solid dividend yield of 8.43%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.85%). WLKP’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the US market (8.44%), which means that there are more attractive dividend stocks to consider.

WLKP Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Westlake Chemical Partners LP 781.007M $0.471 8.43% 122.50%
DRD
DRDGOLD Limited 698.676M $0.106 5.47% 5.19%
AdvanSix Inc 614.421M $0.160 2.43% 744.70%
VHI
Valhi Inc 528.995M $0.0800 2.00% 1,516.67%
HCC
Warrior met Coal Inc 3.351B $0.0800 1.40% 9.62%
KOP
Koppers Holdings Inc 829.564M $0.0700 0.592% 6.78%
EXK
Endeavour Silver Corporation 858.017M $0.110 0% -

FAQ

What factors can affect the amount of WLKP's dividend payments?
The amount of WLKP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in WLKP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from WLKP stock be automatically reinvested?
If WLKP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy WLKP stock.

How often does WLKP pay dividend?
Westlake Chemical Partners LP (WLKP) pays dividends quarterly. The most recent payout was on May 29, 2024.

How much does WLKP pays per share?
The last recorder (May 10, 2024) dividend per share was $0.471.

What is WLKP dividend growth rate?
Over the last year, Westlake Chemical Partners LP has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0.0283%. Furthermore, examining the past 5 years, Westlake Chemical Partners LP has maintained an average Dividends Per Share Growth Rate of 0.578%.
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About Westlake Chemical Partners LP

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partn... WLKP Profile

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