Westlake Dividends and Buybacks
Dividend criteria checks 4/6
Westlake is a dividend paying company with a current yield of 1.64%. Next payment date is on 12th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
1.6%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 3.3% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | US$2.100 |
| Payout ratio | 271% |
Recent dividend and buyback updates
Recent updates
Some May Be Optimistic About Westlake's (NYSE:WLK) Earnings
Nov 16
Is Westlake (NYSE:WLK) Using Too Much Debt?
Oct 23What Does Westlake Corporation's (NYSE:WLK) Share Price Indicate?
Sep 17Westlake Corporation (NYSE:WLK) Doing What It Can To Lift Shares
Aug 30Westlake Corporation Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next
Aug 12Here's Why Westlake (NYSE:WLK) Can Manage Its Debt Responsibly
Jul 15Westlake Corporation (NYSE:WLK) Shares Could Be 24% Below Their Intrinsic Value Estimate
Jun 27What Is Westlake Corporation's (NYSE:WLK) Share Price Doing?
Jun 09There's Reason For Concern Over Westlake Corporation's (NYSE:WLK) Price
May 21Is Westlake (NYSE:WLK) Using Too Much Debt?
Apr 05Estimating The Fair Value Of Westlake Corporation (NYSE:WLK)
Mar 18Little Excitement Around Westlake Corporation's (NYSE:WLK) Earnings
Feb 05Westlake Corp. And Its Real Value
Dec 18Calculating The Fair Value Of Westlake Corporation (NYSE:WLK)
Dec 12Is Westlake (NYSE:WLK) Using Too Much Debt?
Nov 24Is Now The Time To Look At Buying Westlake Corporation (NYSE:WLK)?
Nov 05Westlake Corporation: Executing Well Under Tough Economic Conditions
Oct 23An Intrinsic Calculation For Westlake Corporation (NYSE:WLK) Suggests It's 41% Undervalued
Sep 08Westlake: Why The Company Is Overvalued Here
Aug 22We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Aug 18Westlake's (NYSE:WLK) Dividend Will Be Increased To $0.50
Aug 18Is It Too Late To Consider Buying Westlake Corporation (NYSE:WLK)?
Jul 31Westlake Corporation: Deep Value For Long-Term Investors
Jun 09Are Investors Undervaluing Westlake Corporation (NYSE:WLK) By 35%?
Jun 05These 4 Measures Indicate That Westlake (NYSE:WLK) Is Using Debt Reasonably Well
Apr 29Is Now An Opportune Moment To Examine Westlake Corporation (NYSE:WLK)?
Apr 11An Intrinsic Calculation For Westlake Corporation (NYSE:WLK) Suggests It's 27% Undervalued
Feb 20Westlake Corporation declares $0.357 dividend
Feb 17Here's Why Westlake (NYSE:WLK) Has Caught The Eye Of Investors
Feb 03We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Jan 19Westlake Chemicals: Better Than I Thought, But Still A 'Hold' For 2023
Jan 13Is Now The Time To Look At Buying Westlake Corporation (NYSE:WLK)?
Jan 04Westlake Corporation declares $0.357 dividend
Nov 11Westlake Corporation: Shares Priced Cheaply With Momentum Ahead Of Earnings Thursday
Nov 02If EPS Growth Is Important To You, Westlake (NYSE:WLK) Presents An Opportunity
Oct 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WLK's dividends per share have been stable in the past 10 years.
Growing Dividend: WLK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Westlake Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WLK) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast (WLK) (up to 3 years) | 1.6% |
Notable Dividend: WLK's dividend (1.64%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: WLK's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (271.4%), WLK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.3%), WLK's dividend payments are covered by cash flows.