Dividend is covered by FCF, though with limited buffer, no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (50) × 0.40 + Growth (35) × 0.35 + Income (0) × 0.25 = 32
Dividend Safety
Earnings Payout
112.3%
FCF Payout
15.0%
FCF Coverage
6.7x
Dividend Growth
Per Share (FY2021)
$1.89
Growth Streak
–
5Y CAGR
7.9%
Dividend history
| Fiscal year | Per share | Change |
|---|---|---|
| 2021 | $1.89 | 0.0% |
| 2020 | $1.89 | +4.7% |
| 2019 | $1.80 | +8.8% |
| 2018 | $1.66 | +11.6% |
| 2017 | $1.48 | +14.9% |
| 2016 | $1.29 | +12.4% |
| 2015 | $1.15 | +573.9% |
| 2014 | $0.17 |
All 8 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
Computed from SEC filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
Yield History
Does Westlake Chemical Partners LP (WLKP) pay a dividend?
Frequently asked
Does Westlake Chemical Partners LP (WLKP) pay a dividend?+
No. Westlake Chemical Partners LP (WLKP) does not currently pay a dividend. The last payment in our data was in 2021, and nothing has been paid since.
How does Westlake Chemical Partners LP return cash to shareholders?+
It largely does not. Westlake Chemical Partners LP pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Which materials companies do pay dividends?+
Our Materials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Westlake Chemical Partners LP.
SourceDividend analysis computed from the 10-Q filed 4 Nov 2026, covering the period ending 30 Sept 2026, as reported to the SEC. Data last refreshed 5 Nov 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Peers
Industrial Organic Chemicals · Pick stocks to compare with WLKP
Held by ETFs
WLKP is in 4 US ETFs. The largest of them, with WLKP's weight in each:
Spot a number that looks wrong? Check it in WLKP's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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