Trailing Dividend / Share
$1.89
Westlake Chemical Partners LP (WLKP) Dividend History
Income profile from 2014 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
8.3%
Payout Ratio
22.3%
Sustainable
Dividend Streak
0 years
WLKP Dividend Income Check
Safety
22.3% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 8.4% and trend is flat.
WLKP Dividend Scorecard
Yield & Income
Dividend Yield8.3%
Trailing DPS$1.89
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout22.3%
Earnings SafetySustainable
FCF Payout24.0%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak0 years
3Y CAGR0.0%
5Y CAGR0.0%
Yield on Cost (5Y)8.4%
YOC Trendflat
Total Returns
Buyback Yield0.0%
Total Shareholder Yield8.3%
1Y Total Return10.9%
5Y Total Return20.8%
Div Contribution (5Y)35.6%
Estimated $10K growth (return + dividends):
5Y ago$12,07710Y ago$19,61720Y ago$13,748
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WLKP Income Growth Story
Dividend per share and yield on cost over time (13 years of payments)
WLKP Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Westlake Chemical Partners LP distributes 22.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 24.0%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WLKP does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.0% and 5-year CAGR of 0.0%.
Total Shareholder Returns
Beyond cash dividends, WLKP returns capital through share repurchases. The combined picture: 8.3% dividend yield, 8.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.4% and is currently flat. The 5-year total return is 20.8%, with dividends contributing 35.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $19,617 today.
WLKP Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$9.43
Avg/Payment$0.4714
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 14, 2026Latest | $0.4714 | — | 8.20% | Jun 1, 2026 |
| Feb 6, 2026 | $0.4714 | — | 9.12% | Feb 23, 2026 |
| Nov 10, 2025 | $0.4714 | — | 10.26% | Nov 26, 2025 |
| Aug 12, 2025 | $0.4714 | — | 8.60% | Aug 27, 2025 |
| May 13, 2025 | $0.4714 | — | 8.18% | May 29, 2025 |
| Feb 7, 2025 | $0.4714 | — | 7.82% | Feb 25, 2025 |
| Nov 12, 2024 | $0.4714 | — | 8.34% | Nov 27, 2024 |
| Aug 12, 2024 | $0.4714 | — | 8.39% | Aug 27, 2024 |
WLKP Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
8.3%
#2 of 9
Safety
Sustainable
22.3% payout
Streak
0Y
0.0% 5Y CAGR
Total Shareholder
8.3%
#3 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd WLKPWestlake Chemical Pa… | $797M | 8.3% | 22.3% | 0 | Sustainable |
 MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
3rd  HESMHess Midstream LP | $7.7B | 7.7% | 99.2% | 9 | At Risk |
1st  CAPLCrossAmerica Partner… | $840M | 9.5% | 1.9% | 0 | Sustainable |
 WLKWestlake Corporation | $10.3B | 2.6% | — | 22 | Unknown |
 OLNOlin Corporation | $2.5B | 3.6% | — | 0 | Unknown |
 CECelanese Corporation | $5.7B | 0.2% | — | 0 | Unknown |
 TROXTronox Holdings plc | $1.2B | 4.1% | — | 0 | Unknown |
 ETHGrayscale Ethereum M… | $415M | 0.0% | 0.1% | 1 | Sustainable |
WLKP Annual Dividend History (2012–2026)
15 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.94 | — | 2 | — | — | — | 4.2% |
| 2025 | $1.89 | 0.0% | 4 | $8.47 | 22.3% | 4.49x | 8.4% |
| 2024 | $1.89 | 0.0% | 4 | $1.77 | 106.5% | 0.94x | 8.4% |
| 2023 | $1.89 | 0.0% | 4 | $1.54 | 122.4% | 0.82x | 8.4% |
| 2022 | $1.89 | 0.0% | 4 | $1.82 | 103.6% | 0.97x | 8.4% |
| 2021 | $1.89 | 0.0% | 4 | $2.34 | 80.6% | 1.24x | 8.4% |
| 2020 | $1.89 | 4.7% | 4 | $1.88 | 100.3% | 1.00x | 8.4% |
| 2019 | $1.80 | 11.6% | 4 | $1.77 | 101.7% | 0.98x | 8.0% |
| 2018 | $1.61 | 12.0% | 4 | $1.51 | 106.8% | 0.94x | 7.2% |
| 2017 | $1.44 | 12.0% | 4 | $1.72 | 83.7% | 1.19x | 6.4% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
12+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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WLKP — Frequently Asked Questions
Quick answers to the most common questions about buying WLKP stock.
How much dividend does WLKP pay per share?
Westlake Chemical Partners LP (WLKP) pays a trailing 12-month dividend of $1.89 per share, with a current dividend yield of +8.3%. Payments are made Semi-Annual.
When is WLKP's next ex-dividend date?
WLKP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WLKP typically pays dividends Semi-Annual.
Is WLKP's dividend safe?
WLKP's dividend safety is rated "Sustainable" based on an earnings payout ratio of +22.3% and FCF payout ratio of +24.0%. The dividend history does not yet show a prolonged growth streak.
How many years has WLKP increased its dividend?
WLKP has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +0.0%.
How often does WLKP pay dividends?
Westlake Chemical Partners LP pays dividends Semi-Annual. The trailing 12-month total is $1.89 per share. Dividend data on this page covers 12+ years from 2014 to 2026.
How much would $10,000 invested in WLKP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WLKP five years ago would be worth approximately $12,077 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WLKP's yield on cost for long-term holders?
WLKP's yield on cost — the current dividend divided by the original purchase price — is +8.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +8.3% market yield, thanks to the lower original cost basis.