Westlake Dividends and Buybacks
Dividend criteria checks 4/6
Westlake is a dividend paying company with a current yield of 1.76%.
Key information
1.8%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.100 |
| Payout ratio | 268% |
Recent dividend and buyback updates
Recent updates
Is Westlake Corporation (NYSE:WLK) Trading At A 49% Discount?
Dec 25
Westlake Corp.: Overvaluation Confirmed, What's Next?
Nov 28Some May Be Optimistic About Westlake's (NYSE:WLK) Earnings
Nov 16Is 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 18Westlake Corporation: Executing Well Under Tough Economic Conditions
Oct 23Westlake: Why The Company Is Overvalued Here
Aug 22Westlake Corporation: Deep Value For Long-Term Investors
Jun 09Westlake Corporation declares $0.357 dividend
Feb 17Westlake Chemicals: Better Than I Thought, But Still A 'Hold' For 2023
Jan 13Westlake Corporation declares $0.357 dividend
Nov 11Westlake Corporation: Shares Priced Cheaply With Momentum Ahead Of Earnings Thursday
Nov 02Stability 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) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast (WLK) (up to 3 years) | 1.8% |
Notable Dividend: WLK's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: WLK's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (268.1%), 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 22:57 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Westlake Corporation is covered by 31 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Alembic Global Advisors |
| Michael Leithead | Barclays |
| Frank Mitsch | BB&T Capital Markets |