# Westlake Chemical Partners LP (WLKP): Dividend & Fundamentals

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- Sector: Basic Materials · Industry: Chemicals
- Exchange: NYSE · Trading currency: USD

Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's gen...

## Quote & Key Metrics

As of 2026-10-30:

| Metric | Value |
|---|---|
| Price | $21.26 USD |
| Market Cap | $749.3M |
| P/E (TTM) | 13.04 |
| EPS (TTM) | $1.63 |
| 52-Week Range | $17.75 – $23.88 |
| Dividend Yield (TTM) | 8.87% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 8.87% |
| Annual Dividend (TTM) | $1.89 /share |
| Annual Dividend (Forward) | $1.89 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 0 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 0.0% / 0.0% / 0.0% / 3.8% |
| Payout Ratio (EPS, TTM) | 115.7% |
| Payout Ratio (FCF, TTM) | 16.4% |
| Payout Ratio (EPS, forward dividend) | 115.7% |
| Payout Ratio (FCF, forward dividend) | 16.4% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-08-13 | $0.4714 | 2026-08-28 |
| 2026-05-14 | $0.4714 | 2026-06-01 |
| 2026-02-06 | $0.4714 | 2026-02-23 |
| 2025-11-10 | $0.4714 | 2025-11-26 |
| 2025-08-12 | $0.4714 | 2025-08-27 |
| 2025-05-13 | $0.4714 | 2025-05-29 |
| 2025-02-07 | $0.4714 | 2025-02-25 |
| 2024-11-12 | $0.4714 | 2024-11-27 |
| 2024-08-12 | $0.4714 | 2024-08-27 |
| 2024-05-10 | $0.4714 | 2024-05-29 |
| 2024-02-01 | $0.4714 | 2024-02-20 |
| 2023-11-09 | $0.4714 | 2023-11-27 |

Full history: https://www.dividenddata.com/stocks/wlkp/dividend

## Frequently Asked Questions

### What does Westlake Chemical Partners LP do?

Westlake Chemical Partners LP (WLKP) operates in the Chemicals industry within the Basic Materials sector. Full company description, peers, and segment breakdown are on the page above.

### What is WLKP's market cap?

Westlake Chemical Partners LP (WLKP) has a market capitalization of approximately $749.3 million, as of October 30, 2026, based on the most recent share price and shares outstanding.

### Does WLKP pay a dividend?

Yes, Westlake Chemical Partners LP (WLKP) pays a dividend quarterly, with a trailing-twelve-month yield of 8.87%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does WLKP pay dividends?

Westlake Chemical Partners LP pays dividends quarterly. The forward annual rate is $1.89 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is WLKP's payout ratio?

Westlake Chemical Partners LP's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/wlkp
- Dividend history & safety: https://www.dividenddata.com/stocks/wlkp/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/wlkp/earnings
- Financial statements: https://www.dividenddata.com/stocks/wlkp/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/wlkp/valuation
- Peer comparison: https://www.dividenddata.com/stocks/wlkp/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.