Dividend Overview
Westlake (WLK) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $2.075
- Ex-Dividend Date: March 04, 2025
- Total Dividends Paid (Last Year): $264.00M
Dividend Metrics
- Dividend Yield: 1.79%
- Payout Ratio: 43.85%
- Dividend Growth (YoY): -19.46%
Dividend Yield
1.79%
Dividend Payout Ratio
43.85%
Dividend Paid & Capex Coverage Ratio
1.03x
Westlake pays an annual dividend of $2.075 per share. This means that for each share you own, you'll receive $2.075 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was March 04, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Westlake paid a total of $264.00M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Westlake's dividend yield stands at 1.79%. To put this in perspective, if you invest $100 in Westlake's stock at the current price, you can expect to receive approximately $1.79 in annual dividend income.
The company's dividend payout ratio is 43.85%. This means that Westlake is distributing 43.85% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Westlake's dividend has decreased by -19.46%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Westlake (WLK) dividend payments have grown -19.46% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Westlake Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.525 | $0.525 | March 04, 2025 | March 04, 2025 | March 19, 2025 | February 21, 2025 |
| $0.525 | $0.525 | November 26, 2024 | November 26, 2024 | December 12, 2024 | November 15, 2024 |
| $0.525 | $0.525 | August 20, 2024 | August 20, 2024 | September 05, 2024 | August 09, 2024 |
| $0.5 | $0.5 | May 20, 2024 | May 21, 2024 | June 06, 2024 | |
| $0.5 | $0.5 | February 27, 2024 | February 28, 2024 | March 14, 2024 | February 16, 2024 |
| $0.5 | $0.5 | November 20, 2023 | November 21, 2023 | December 06, 2023 | November 10, 2023 |
| $0.5 | $0.5 | August 24, 2023 | August 25, 2023 | September 12, 2023 | August 14, 2023 |
| $0.357 | $0.357 | May 22, 2023 | May 23, 2023 | June 08, 2023 | May 12, 2023 |
| $0.357 | $0.357 | February 28, 2023 | March 01, 2023 | March 16, 2023 | February 17, 2023 |
| $0.357 | $0.357 | November 23, 2022 | November 25, 2022 | December 09, 2022 | November 11, 2022 |
| $0.357 | $0.357 | August 19, 2022 | August 22, 2022 | September 06, 2022 | August 12, 2022 |
| $0.298 | $0.2975 | May 20, 2022 | May 23, 2022 | June 07, 2022 | May 13, 2022 |
| $0.298 | $0.2975 | February 28, 2022 | March 01, 2022 | March 15, 2022 | February 18, 2022 |
| $0.298 | $0.2975 | November 22, 2021 | November 23, 2021 | December 08, 2021 | November 12, 2021 |
| $0.298 | $0.2975 | August 23, 2021 | August 24, 2021 | September 08, 2021 | August 13, 2021 |
| $0.27 | $0.27 | May 24, 2021 | May 25, 2021 | June 09, 2021 | May 14, 2021 |
| $0.27 | $0.27 | March 01, 2021 | March 02, 2021 | March 16, 2021 | February 19, 2021 |
| $0.27 | $0.27 | November 23, 2020 | November 24, 2020 | December 09, 2020 | November 13, 2020 |
| $0.27 | $0.27 | August 24, 2020 | August 25, 2020 | September 09, 2020 | August 14, 2020 |
| $0.2625 | $0.2625 | May 22, 2020 | May 26, 2020 | June 09, 2020 | May 15, 2020 |
| $0.2625 | $0.2625 | February 24, 2020 | February 25, 2020 | March 10, 2020 | February 14, 2020 |
| $0.2625 | $0.2625 | November 25, 2019 | November 26, 2019 | December 10, 2019 | November 15, 2019 |
| $0.2625 | $0.2625 | August 26, 2019 | August 27, 2019 | September 11, 2019 | August 16, 2019 |
| $0.25 | $0.25 | May 28, 2019 | May 29, 2019 | June 12, 2019 | May 17, 2019 |
| $0.25 | $0.25 | February 26, 2019 | February 27, 2019 | March 13, 2019 | February 15, 2019 |
| $0.25 | $0.25 | November 26, 2018 | November 27, 2018 | December 11, 2018 | November 16, 2018 |
| $0.25 | $0.25 | August 27, 2018 | August 28, 2018 | September 12, 2018 | August 17, 2018 |
| $0.21 | $0.21 | May 29, 2018 | May 30, 2018 | June 13, 2018 | May 18, 2018 |
| $0.21 | $0.21 | February 26, 2018 | February 27, 2018 | March 13, 2018 | February 16, 2018 |
| $0.21 | $0.21 | November 24, 2017 | November 27, 2017 | December 11, 2017 | November 16, 2017 |
| $0.21 | $0.21 | August 30, 2017 | September 01, 2017 | September 18, 2017 | August 18, 2017 |
| $0.1906 | $0.1906 | May 25, 2017 | May 30, 2017 | June 13, 2017 | May 22, 2017 |
| $0.1906 | $0.1906 | February 24, 2017 | February 28, 2017 | March 14, 2017 | February 21, 2017 |
| $0.1906 | $0.1906 | November 29, 2016 | December 01, 2016 | December 16, 2016 | November 22, 2016 |
| $0.1906 | $0.1906 | August 31, 2016 | September 02, 2016 | September 20, 2016 | August 22, 2016 |
| $0.1815 | $0.1815 | May 19, 2016 | May 23, 2016 | June 07, 2016 | May 11, 2016 |
| $0.1815 | $0.1815 | February 25, 2016 | February 29, 2016 | March 14, 2016 | February 19, 2016 |
| $0.1815 | $0.1815 | December 02, 2015 | December 04, 2015 | December 18, 2015 | November 23, 2015 |
| $0.1815 | $0.1815 | September 02, 2015 | September 04, 2015 | September 22, 2015 | August 24, 2015 |
| $0.165 | $0.165 | May 27, 2015 | May 29, 2015 | June 12, 2015 | May 18, 2015 |
| $0.165 | $0.165 | March 03, 2015 | March 05, 2015 | March 19, 2015 | February 23, 2015 |
| $0.165 | $0.165 | December 03, 2014 | December 05, 2014 | December 19, 2014 | November 24, 2014 |
| $0.165 | $0.165 | September 03, 2014 | September 05, 2014 | September 19, 2014 | August 25, 2014 |
| $0.126 | $0.126 | May 28, 2014 | May 30, 2014 | June 17, 2014 | May 19, 2014 |
| $0.252 | $0.126 | February 26, 2014 | February 28, 2014 | March 18, 2014 | February 18, 2014 |
| $0.225 | $0.1125 | December 04, 2013 | December 06, 2013 | December 20, 2013 | November 25, 2013 |
| $0.225 | $0.1125 | September 06, 2013 | September 10, 2013 | September 25, 2013 | August 26, 2013 |
| $0.1875 | $0.09375 | May 31, 2013 | June 04, 2013 | June 19, 2013 | May 20, 2013 |
| $0.1875 | $0.09375 | February 27, 2013 | March 01, 2013 | March 15, 2013 | February 19, 2013 |
| $3.75 | $1.969 | November 27, 2012 | November 29, 2012 | December 12, 2012 | November 19, 2012 |
| $0.1875 | $0.09375 | August 28, 2012 | August 30, 2012 | September 12, 2012 | August 20, 2012 |
| $0.07375 | $0.036875 | May 31, 2012 | June 04, 2012 | June 18, 2012 | May 24, 2012 |
| $0.07375 | $0.036875 | March 05, 2012 | March 07, 2012 | March 21, 2012 | February 17, 2012 |
| $0.07375 | $0.036875 | November 29, 2011 | December 01, 2011 | December 12, 2011 | November 21, 2011 |
| $0.07375 | $0.036875 | August 31, 2011 | September 02, 2011 | September 13, 2011 | August 22, 2011 |
| $0.0635 | $0.03175 | June 01, 2011 | June 03, 2011 | June 17, 2011 | May 23, 2011 |
| $0.0635 | $0.03175 | March 09, 2011 | March 11, 2011 | March 25, 2011 | February 22, 2011 |
| $0.0635 | $0.03175 | November 30, 2010 | December 02, 2010 | December 16, 2010 | November 19, 2010 |
| $0.0635 | $0.03175 | August 30, 2010 | September 01, 2010 | September 16, 2010 | August 23, 2010 |
| $0.0575 | $0.02875 | June 01, 2010 | June 03, 2010 | June 17, 2010 | May 24, 2010 |
| $0.0575 | $0.02875 | March 15, 2010 | March 17, 2010 | March 31, 2010 | March 01, 2010 |
| $0.0575 | $0.02875 | December 01, 2009 | December 03, 2009 | December 17, 2009 | November 23, 2009 |
| $0.0575 | $0.02875 | August 31, 2009 | September 02, 2009 | September 17, 2009 | August 24, 2009 |
| $0.0525 | $0.0265 | May 26, 2009 | May 28, 2009 | June 11, 2009 | May 18, 2009 |
| $0.0525 | $0.0265 | March 05, 2009 | March 09, 2009 | March 23, 2009 | February 16, 2009 |
| $0.0525 | $0.0265 | November 28, 2008 | December 02, 2008 | December 16, 2008 | November 24, 2008 |
| $0.0525 | $0.0265 | August 26, 2008 | August 28, 2008 | September 12, 2008 | August 18, 2008 |
| $0.05 | $0.025 | May 28, 2008 | May 30, 2008 | June 13, 2008 | May 20, 2008 |
| $0.05 | $0.025 | February 27, 2008 | February 29, 2008 | March 17, 2008 | February 18, 2008 |
| $0.05 | $0.025 | November 27, 2007 | November 29, 2007 | December 13, 2007 | November 19, 2007 |
| $0.05 | $0.025 | August 28, 2007 | August 30, 2007 | September 14, 2007 | August 20, 2007 |
| $0.04 | $0.02 | May 30, 2007 | June 01, 2007 | June 15, 2007 | May 21, 2007 |
| $0.04 | $0.02 | March 01, 2007 | March 05, 2007 | March 20, 2007 | February 26, 2007 |
| $0.04 | $0.02 | November 15, 2006 | November 17, 2006 | December 01, 2006 | November 10, 2006 |
| $0.04 | $0.02 | August 28, 2006 | August 30, 2006 | September 08, 2006 | August 21, 2006 |
| $0.0275 | $0.01375 | May 24, 2006 | May 26, 2006 | June 09, 2006 | May 16, 2006 |
| $0.0275 | $0.01375 | February 24, 2006 | February 28, 2006 | March 10, 2006 | February 17, 2006 |
| $0.0275 | $0.01375 | November 17, 2005 | November 21, 2005 | December 02, 2005 | November 14, 2005 |
| $0.0275 | $0.01375 | August 26, 2005 | August 30, 2005 | September 09, 2005 | August 22, 2005 |
| $0.02125 | $0.0105 | May 26, 2005 | May 31, 2005 | June 09, 2005 | May 19, 2005 |
| $0.02125 | $0.0105 | March 01, 2005 | March 03, 2005 | March 14, 2005 | February 21, 2005 |
| $0.02125 | $0.010625 | November 18, 2004 | November 22, 2004 | December 08, 2004 | November 11, 2004 |
Frequently Asked Questions
Westlake currently pays an annual dividend of $2.075 per share. This means that for each share you own, you'll receive $2.075 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Westlake's current dividend yield is 1.79%. This means that if you invest $100 in Westlake's stock at the current price, you can expect to receive approximately $1.79 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Westlake was March 04, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Westlake's investor relations page or financial news sources for the next ex-dividend date announcement.
Westlake's dividend payout ratio is currently 43.85%. This means that the company is distributing 43.85% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Westlake paid a total of $264.00M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Westlake distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Westlake's dividend has decreased by -19.46%. This decrease rate provides insight into the company's dividend policy and financial health over the past year. A decrease in dividends can occur for various reasons, including changes in the company's financial situation or strategic priorities.