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Westlake Corporation (WLK) logo

Westlake Corporation

S&P 500

WLK/Basic Materials · Specialty Chemicals/NYSE

Dividend Yield

2.72%

$2.12 · Annual Dividend

Stock Price$76.54P/E27.8MCap10.0BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

61/ 100Safe

WLK's dividend appears safe and well-supported. Strengths include a 69.4% earnings payout ratio & 53.5% fcf payout ratio. Areas of concern: -8.3x interest coverage & -16.0% return on equity. The dividend has been growing at a 14.65% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Current Ratio: 2.2xStrong short-term liquidity to meet obligations.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Interest Coverage: -8.3xInterest coverage is thin relative to debt servicing.
  • Return on Equity: -16.0%Return on equity is below industry norms.
  • Operating Margin: -5.8%Operating margin is thin and pressures the dividend.

Payout & Coverage

Caution

Balance Sheet

Safe

Profitability

Danger
-16.0%Danger
-5.8%Danger
4.2%Danger

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
14.6%Very Safe
Mostly StableCaution

About Westlake Corporation

Westlake Corporation is a global diversified industrial company that manufactures and supplies essential materials and products enhancing daily life across multiple sectors. It operates through two primary segments: Performance and Essential Materials, which produces critical building blocks like olefins, vinyl chemicals, polyethylene, and epoxies used in packaging, healthcare, automotive interiors, detergents, pharmaceuticals, and building materials; and Housing and Infrastructure Products, which fabricates finished goods including building products such as siding, stone veneer, roofing, and windows, as well as pipe and fittings for municipal water, sewer, plumbing, mining, and irrigation applications, plus custom compounds for wire, cable, medical devices, and consumer goods. Westlake Corporation serves housing and construction, packaging and healthcare, automotive, and consumer markets with operations in North America, Asia, and Europe. As the second-largest PVC pipe manufacturer in North America, it emphasizes innovative solutions like post-industrial recycled polymers in products such as garden edging and floor mats. Founded in 1986 and headquartered in Houston, Texas, Westlake Corporation delivers vital components for sustainable everyday applications.

Dividend Overview

Dividend Yield

2.72%

Annual Dividend

$2.12

Frequency

Quarterly

Payout Ratio

69.40%

FCF Payout Ratio

53.54%

52-Week Range

$56.33 - $124.23

Dividend History (2016–2025)

WLK annual dividend per share and yield history

Earnings & Profitability

WLK earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 27, 2026

Last Payment Date

June 11, 2026

Dividend Growth

3-Year Dividend CAGR

17.25%

5-Year Dividend CAGR

14.65%

10-Year Dividend CAGR

11.78%

3-Year Total Growth

61.19%

5-Year Total Growth

98.12%

10-Year Total Growth

204.47%

Income Calculator

WLK Dividend Calculator

Total Investment

$7,654.00

Annual Income

$212.00

Quarterly Income

$53.00

Monthly Income

$17.67

Frequently Asked Questions

What is WLK's current dividend yield?
Westlake Corporation (WLK) currently has a dividend yield of 2.72%, based on a stock price of $76.54 and an annual dividend of $2.12.
When is WLK's next dividend payment date?
WLK's next ex-dividend date is 2026-05-27 and the next payment date is 2026-06-11. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does WLK pay in dividends per year?
Westlake Corporation paid $2.11 per share in annual dividends in 2025. The dividends are paid quarterly.
Has WLK been increasing its dividend?
Westlake Corporation has grown its dividend at a 5-year CAGR of 14.65% and a 10-year CAGR of 11.78%.
Is WLK's dividend safe?
Westlake Corporation has a payout ratio of 69.40%. Its free cash flow payout ratio is 53.54%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is WLK's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Westlake Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for basic materials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.