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

WLKP Price Forecast Based on Dividend Discount Model

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 Dividends vs. Peers