Westlake Chemical Partners Dividends and Buybacks
Dividend criteria checks 5/6
Westlake Chemical Partners is a dividend paying company with a current yield of 8.22%.
Key information
8.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.886 |
| Payout ratio | 108% |
Recent dividend and buyback 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 30Stability 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) | 8.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast (WLKP) (up to 3 years) | 8.4% |
Notable Dividend: WLKP's dividend (8.22%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: WLKP's dividend (8.22%) is in the top 25% of dividend payers in the US market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.7%), WLKP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.1%), WLKP's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:23 |
| End of Day Share Price | 2024/12/20 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 Chemical Partners LP is covered by 12 analysts. 1 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 |
|---|---|
| Richard Gross | Barclays |
| Michael Leithead | Barclays |
| Stephen V. Byrne | BofA Global Research |