WLKP - NYSE
Westlake Chemical Partners LP
$23.01
-1.1%Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.
At a Glance
Live SnapshotWestlake Chemical Partners LP Dividend History
WLKP Dividend Payment History
Total Payments
47
Latest Dividend
$0.4710
Annual Amount
$1.8856
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 4, 2026 | May 14, 2026 | Jun 1, 2026 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 27, 2026 | Feb 6, 2026 | Feb 23, 2026 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Oct 28, 2025 | Nov 10, 2025 | Nov 26, 2025 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jul 30, 2025 | Aug 12, 2025 | Aug 27, 2025 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Apr 30, 2025 | May 13, 2025 | May 29, 2025 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 27, 2025 | Feb 7, 2025 | Feb 25, 2025 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Oct 30, 2024 | Nov 12, 2024 | Nov 27, 2024 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jul 30, 2024 | Aug 12, 2024 | Aug 27, 2024 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Apr 30, 2024 | May 13, 2024 | May 29, 2024 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 22, 2024 | Feb 2, 2024 | Feb 20, 2024 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Oct 31, 2023 | Nov 10, 2023 | Nov 27, 2023 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Aug 1, 2023 | Aug 11, 2023 | Aug 25, 2023 | $0.4710 | $0.4710 | Quarterly | 0.00% |
May 2, 2023 | May 12, 2023 | May 26, 2023 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 23, 2023 | Feb 2, 2023 | Feb 16, 2023 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Oct 31, 2022 | Nov 10, 2022 | Nov 28, 2022 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Aug 1, 2022 | Aug 11, 2022 | Aug 25, 2022 | $0.4710 | $0.4710 | Quarterly | 0.00% |
May 2, 2022 | May 12, 2022 | May 26, 2022 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 24, 2022 | Feb 3, 2022 | Feb 17, 2022 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Nov 1, 2021 | Nov 12, 2021 | Nov 29, 2021 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Aug 2, 2021 | Aug 12, 2021 | Aug 26, 2021 | $0.4710 | $0.4710 | Quarterly | 0.00% |
May 3, 2021 | May 13, 2021 | May 27, 2021 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 25, 2021 | Feb 4, 2021 | Feb 19, 2021 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Oct 30, 2020 | Nov 9, 2020 | Nov 24, 2020 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jul 31, 2020 | Aug 10, 2020 | Aug 24, 2020 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Apr 30, 2020 | May 11, 2020 | May 26, 2020 | $0.4710 | $0.4710 | Quarterly | 0.00% |
Jan 27, 2020 | Feb 3, 2020 | Feb 18, 2020 | $0.4710 | $0.4710 | Quarterly | +1.29% |
Oct 31, 2019 | Nov 12, 2019 | Nov 26, 2019 | $0.4650 | $0.4650 | Quarterly | +1.53% |
Jul 31, 2019 | Aug 12, 2019 | Aug 26, 2019 | $0.4580 | $0.4580 | Quarterly | +2.92% |
Apr 30, 2019 | May 13, 2019 | May 28, 2019 | $0.4450 | $0.4450 | Quarterly | +2.77% |
Jan 25, 2019 | Feb 5, 2019 | Feb 20, 2019 | $0.4330 | $0.4330 | Quarterly | +2.85% |
Oct 31, 2018 | Nov 9, 2018 | Nov 26, 2018 | $0.4210 | $0.4210 | Quarterly | +2.93% |
Jul 31, 2018 | Aug 10, 2018 | Aug 24, 2018 | $0.4090 | $0.4090 | Quarterly | +2.76% |
Apr 30, 2018 | May 10, 2018 | May 24, 2018 | $0.3980 | $0.3980 | Quarterly | +3.11% |
Jan 29, 2018 | Feb 8, 2018 | Feb 23, 2018 | $0.3860 | $0.3860 | Quarterly | +2.66% |
Nov 1, 2017 | Nov 14, 2017 | Nov 29, 2017 | $0.3760 | $0.3760 | Quarterly | +3.01% |
Aug 2, 2017 | Aug 15, 2017 | Aug 29, 2017 | $0.3650 | $0.3650 | Quarterly | +2.82% |
May 5, 2017 | May 15, 2017 | May 30, 2017 | $0.3550 | $0.3550 | Quarterly | +2.90% |
Jan 30, 2017 | Feb 7, 2017 | Feb 22, 2017 | $0.3450 | $0.3450 | Quarterly | +2.99% |
Nov 2, 2016 | Nov 14, 2016 | Nov 29, 2016 | $0.3350 | $0.3350 | Quarterly | +2.76% |
Jul 29, 2016 | Aug 9, 2016 | Aug 23, 2016 | $0.3260 | $0.3260 | Quarterly | +2.84% |
Apr 28, 2016 | May 10, 2016 | May 24, 2016 | $0.3170 | $0.3170 | Quarterly | +2.92% |
Feb 2, 2016 | Feb 11, 2016 | Feb 26, 2016 | $0.3080 | $0.3080 | Quarterly | +3.01% |
Oct 29, 2015 | Nov 9, 2015 | Nov 27, 2015 | $0.2990 | $0.2990 | Quarterly | +2.75% |
Jul 30, 2015 | Aug 13, 2015 | Aug 27, 2015 | $0.2910 | $0.2910 | Quarterly | +2.83% |
Apr 30, 2015 | May 12, 2015 | May 27, 2015 | $0.2830 | $0.2830 | Quarterly | +2.91% |
Feb 2, 2015 | Feb 9, 2015 | Feb 24, 2015 | $0.2750 | $0.2750 | Quarterly | +61.76% |
Oct 29, 2014 | Nov 10, 2014 | Nov 25, 2014 | $0.1700 | $0.1700 | Quarterly | - |
Westlake Chemical Partners LP Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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