NYSE · Dividend

Westlake Chemical Partners LP (WLKP) Dividend

$21.51 NYSE: WLKP Market Cap $758.14M
MetricValue
Dividend Yield8.79%
Indicated Annual Dividend$1.89
Payout Ratio115.38%
FCF Yield53.97%
Current Price$21.51

Dividend Analysis

Westlake Chemical Partners LP (WLKP) currently pays a dividend yielding 8.79%, an indicated annual rate of roughly $1.89 per share. The payout ratio is 115.38%, meaning dividends paid exceeded reported earnings over the period. Free cash flow yield is 53.97%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.

The payout ratio of 115.4% means the dividend currently exceeds reported earnings, which a company can sustain for a time from cash reserves or borrowing but not indefinitely; free cash flow yield of 53.97% covers the 8.79% dividend yield.

Payment schedule

MeasureValue
Indicated annual dividendYield times the current share price.$1.89
Dividend yieldAnnual dividend as a percentage of the share price.8.79%

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

InvestedSharesIncome per year
$1,00046.5$87.90
$5,000232.5$439.50
$10,000464.9$879.00
$25,0001162.3$2197.50
$50,0002324.5$4395.00

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share pricePriceYield
At the 52-week high$23.887.92%
Today$21.518.79%
At the 52-week low$17.7510.65%

Dividend yield against peers

Westlake Chemical Partners LP has the highest dividend yield of the 6 companies compared here.

CompanyYieldP/EPrice
Westlake Chemical Partners LP (WLKP)8.79%13.20$21.51
AdvanSix Inc. (ASIX)3.86%-24.97$15.71
Kronos Worldwide Inc (KRO)2.57%-8.17$7.82
Cementos Pacasmayo S.A.A. (CPAC)0.00%18.87$11.99
Green Plains, Inc. (GPRE)0.00%8.46$13.98
Graphjet Technology (GTI)0.00%-0.37$2.29

Westlake Chemical Partners LP (WLKP) dividend — frequently asked questions

Does Westlake Chemical Partners LP (WLKP) pay a dividend?

Yes. Westlake Chemical Partners LP (WLKP) pays a dividend yielding 8.79%, an indicated annual rate of about $1.89 per share.

What is WLKP's dividend payout ratio?

The payout ratio is 115.38%, meaning dividends paid exceeded reported earnings over the period. The payout ratio is dividends paid divided by reported net income.

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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.