Westlake Corporation
S&P 500WLK/Basic Materials · Specialty Chemicals/NYSE
Dividend Yield
2.72%
$2.12 · Annual Dividend
Dividend Safety Rating
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
CautionBalance Sheet
SafeProfitability
DangerDividend Track Record
Very SafeAbout 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%
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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.