Westlake Chemical Partners LP (WLKP) Dividends

WLKP Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of WLKP, the dividend discount model StockNews created for the company implies a positive return of 1272.91%. Digging deeper, the aspects of Westlake Chemical Partners LP's dividend discount model that we found most interesting were:

• WLKP generates about 1 billion US dollars in revenue annually; in terms of how this translates into revenue, it has a dividend yield higher than 96.06% of companies in the mid revenue class.
• In comparison to other US listed dividend yielding stocks in the Basic Materials sector, the expected return of 1272.91%, based on the stock's current share price and target price based on a dividend discount model, is greater than 98.44% of the DDM-forecasted return of its its sector peers.
• Compared to all dividend issuing stocks in our set, Westlake Chemical Partners LP bears a discount rate, according to our calculations, lower than 98.44% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• Westlake Chemical Partners LP's market cap of $956 million US dollars puts it in the small-sized market cap class; here, it has a lower equity discount rate than 96.86% of stocks.

WLKP Dividends vs. Peers