Westlake Chemical Partners LP (WLKP) Dividend Yield, History & Safety Analysis
Westlake Chemical Partners LP (WLKP) pays a high 8.17% dividend yield, or $1.89 per share annually at a stock price of $23.14. The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.9x. Dividend growth has been steady, with a 3-year CAGR of 0.0% and a 5-year CAGR of 0.0% (10-year: 3.6%). The most recent ex-dividend date was May 14, 2026.
- Dividend Yield
- 8.17%
- Annual Dividend
- $1.89
- Payout Ratio
- 1.1%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-05-14
- Sector
- Basic Materials
- Earnings Per Share
- $1.64
Frequently Asked Questions
What is WLKP's current dividend yield?
Westlake Chemical Partners LP (WLKP) has a dividend yield of 8.17%, paying $1.89 per share annually.
How often does WLKP pay dividends?
Westlake Chemical Partners LP typically pays dividends on a quarterly basis. The annual dividend totals $1.89 per share.
Is WLKP's dividend safe?
Westlake Chemical Partners LP's dividend safety is rated "Safe." The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.9x.
When is WLKP's next ex-dividend date?
The most recent ex-dividend date for Westlake Chemical Partners LP was May 14, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is WLKP's dividend growth rate?
Westlake Chemical Partners LP has a 5-year dividend compound annual growth rate (CAGR) of 0.0%. The 10-year CAGR is 3.6%.
What is WLKP's payout ratio?
Westlake Chemical Partners LP has a payout ratio of 1%, meaning it distributes 1% of its earnings as dividends. This leaves significant room for dividend growth.
View WLKP stock overview | DRIP Calculator | Dividend Calculator | Yield on Cost Calculator