Westlake Chemical Partners LP Common Units representing limited partner interests (WLKP) Dividends



Westlake Chemical Partners LP Common Units representing limited partner interests (WLKP)

Today's Latest Price: $21.83 USD

0.06 (0.28%)

Updated Jan 22 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 15 in MLPs - Other

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • Over the past 5.51 years, WLKP has averaged an annual trailing twelve month dividend growth rate of 6.2%.
  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that WLKP has less fluctuation in its price than 85.24% of stocks we're observing.
  • Free cash flow for WLKP has a compound average growth rate of -38.91%, which is higher than only 17.31% of stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with WLKP's price: CMCM, HNP, PBF, TREE and SPH.
WLKP Ex-Dividend Date
WLKP Dividend Yield
8.66%
WLKP Annual Dividend
$1.89
WLKP Payout Ratio

WLKP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$21.83$64 183.42%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for WLKP, the DDM model, as implemented by StockNews, implies a positive return of 183.42% relative to its current price. To help understand and contextualize the model's evaluation of WLKP, investors may wish to consider are:

  • As for its position relative to other Basic Materials stocks that issue dividends, WLKP provides shareholders with a dividend yield greater than 98.29% such stocks.
  • In comparison to other stocks in the mid-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 91.93% of companies in the same revenue class.
  • In terms of who is growing the amount of dividends they return to shareholders, Westlake Chemical Partners LP has been increasing its dividends at a faster rate than 97.96% of US-listed dividend-issuing stocks we observed.

WLKP Dividend Chart


WLKP Dividend History

Ex-Dividend Date Type Payout Amount Change
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WLKP Dividends vs. Peers

WLKP's dividend yield currently ranks #7 of 22 vs. its peers in the MLPs - Other category.
Rank Symbol Name Dividend Yield
1 HCLP Hi-Crush Partners LP Common Units representing limited partner interests 42.61%
2 OCIP OCI Partners LP Common Units representing Limited Partner Interests 13.22%
3 SXCP SunCoke Energy Partners, L.P. Common Limited partner Interests 12.89%
4 NRP Natural Resource Partners LP Limited Partnership 11.97%
5 AHGP Alliance Holdings GP, L.P. - Common Limited Partner Interests 10.53%
6 KRP Kimbell Royalty Partners Common Limited Partner Interests 8.70%
7 WLKP Westlake Chemical Partners LP Common Units representing limited partner interests 8.66%
8 RTLR Rattler Midstream LP - Common Limited Partnership Interests 8.22%
9 USDP USD Partners LP Common Units representing limited partner interest 8.06%
10 BKEP Blueknight Energy Partners L.P., L.L.C. - Common Units representing Limited Partner Interests 7.84%
11 WMLP Westmoreland Resource Partners, LP Common Units representing Limited Partner Interests 5.61%
12 POPE Pope Resources - Limited Partnership 4.08%
13 BIP Brookfield Infrastructure Partners LP Limited Partnership Units 3.67%
14 NEP NextEra Energy Partners, LP Common Units representing limited partner interests 2.80%
15 BEP Brookfield Renewable Partners L.P. 2.35%
16 FELP Foresight Energy LP Common Units representing Limited Partner Interests 0.00%
17 CCR CONSOL Coal Resources LP Common Units representing limited partner interests 0.00%
18 ARLP Alliance Resource Partners, L.P. - Common Limited Partnership Interests 0.00%
19 CINR Ciner Resources LP Common Units representing Limited Partner Interests 0.00%
20 SPLP Steel Partners Holdings LP LTD PARTNERSHIP UNIT 0.00%
21 UAN CVR Partners, LP Common Units representing Limited Partner Interests 0.00%
22 STON StoneMor Partners L.P. Common Unit Rep Limited Partnership Interests 0.00%

Looking for More Information on WLKP dividends?

Want to see what other sources are saying about Westlake Chemical Partners LP's dividends? Try the links below:

Westlake Chemical Partners LP Common Stock (WLKP) Dividend History | Nasdaq
Dividend History for Westlake Chemical Partners LP (WLKP) - Dividend Investor
Westlake Chemical Partners LP (WLKP) Dividend History - Seeking Alpha


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