Westlake Chemical Partners LP (WLKP) Dividends
Dividend Yield and Dividend History Highlights
WLKP Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
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 Dividend Chart
WLKP Dividend History
|Ex-Dividend Date||Type||Payout Amount||Change|
|Loading, please wait...|
WLKP Dividends vs. Peers
Most Popular Stories View All
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