Westlake Chemical Partners Dividend
Dividend criteria checks 5/6
Westlake Chemical Partners is a dividend paying company with a current yield of 8.44%. Next payment date is on 27th November, 2024 with an ex-dividend date of 12th November, 2024.
Key information
8.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.9% |
| Dividend Growth | 4.3% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | US$1.886 |
| Payout ratio | 117% |
Recent dividend updates
Recent updates
Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend
Nov 04Westlake Corporation: Looks Attractive Even Without Momentum Assumptions
Apr 23Westlake Chemical Partners: Units Near Fair Value, Yield Premium Fair
Dec 19Westlake Chemical Partners: Attractive And Overlooked Income Play
Oct 03Westlake Chemical: Environmental Investments Could Accelerate The Demand For The Stock
Aug 01Westlake Chemical Partners: Strategically Positioned To Benefit From Megatrends
Jul 24Westlake Chemical Partners Q4 2022 Earnings Preview
Feb 20Westlake Chemical Partners: Priced Right Ahead Of Earnings, Steady Dividends Expected
Feb 06Westlake Chemical Partners declares $0.4714 dividend
Jan 23Westlake Chemical Partners Benefits From Retreat In Natural Gas Prices
Nov 14Westlake Chemical Partners declares $0.4714 dividend
Oct 31Westlake Chemical Partners Getting Crimped By Feedstock But Still Cheap
Aug 25Westlake Chemical Partners Has Solid Margins Till 2026
Jul 27Westlake Chemical Partners: More Of The Same In 2022, Downgrading
May 06Westlake Chemical Partners: Growth, Staying Power, And A 7% Yield
Feb 15Westlake Chemical Partners: Too Conservatively Financed For Their Own Good
Nov 17Westlake Chemical Partners: A Very Stable MLP That's Still Selling At A Discount
Jul 08Westlake Chemical Partners declares $0.4714 dividend
May 03The High-Yielding Standout MLP: Westlake Chemical Partners
Jan 11Westlake Chemical Partners: Premier High-Yielder Right Now, Maybe More One Day
Nov 25Westlake Chemical Partners EPS beats by $0.11, misses on revenue
Nov 03Westlake Chemical Partners declares $0.4714 dividend
Oct 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WLKP's dividends per share have been stable in the past 10 years.
Growing Dividend: WLKP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Westlake Chemical Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WLKP) | 8.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast (WLKP) (up to 3 years) | 8.9% |
Notable Dividend: WLKP's dividend (8.44%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: WLKP's dividend (8.44%) is in the top 25% of dividend payers in the US market (4.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117%), WLKP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.2%), WLKP's dividend payments are well covered by cash flows.