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Westlake Chemical Partners LPWLKP +0.14%84 Dividend Yield % is 8.55% as of Jul. 22, 2026, which is 9% above its 10-year median of 7.85. GuruFocus rates WLKP with a GF Score™ of 84/100 and a GF Value™ of $24.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,063 Chemicals companies, Westlake Chemical Partners LP ranks better than 98.02% on this metric.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Westlake Chemical Partners LP is 1.15, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Westlake Chemical Partners LP was 1.37. The lowest was 0.81. And the median was 1.03.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Westlake Chemical Partners LP was 103.90% per year. The lowest was 0.00% per year. And the median was 5.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Westlake Chemical Partners LP (NYSE:WLKP) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Westlake Chemical Partners LP Dividend Yield % Chart
WLKP vs LXU, ASPI, ASIX: Dividend Yield % Comparison
For the Chemicals subindustry, Westlake Chemical Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Westlake Chemical Partners LP Dividend Yield % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Westlake Chemical Partners LP's Dividend Yield % falls into.
Westlake Chemical Partners LP Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Westlake Chemical Partners LP Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.471400
2026-05-14
2026-05-14
2026-06-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.471400
2026-02-06
2026-02-06
2026-02-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.471400
2025-11-10
2025-11-10
2025-11-26
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.471400
2025-08-12
2025-08-12
2025-08-27
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Westlake Chemical Partners LP (WLKP) has a Dividend Yield % of 8.55% as of Jul. 22, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Westlake Chemical Partners LP and its competitors. This is near median its historical median of 7.85. Over the past decade, Westlake Chemical Partners LP's Dividend Yield % has ranged from 4.95 to 13.39. According to the industry distribution chart, Westlake Chemical Partners LP ranks #21 out of 1063 companies in the Chemicals industry, placing it in the top 2%.
Is Westlake Chemical Partners LP's Dividend Yield % too high?
Westlake Chemical Partners LP's current Dividend Yield % of 8.55% is near median its 10-year median of 7.85. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 13.39. The Chemicals industry median Dividend Yield % is 1.59. Westlake Chemical Partners LP's value of 8.55% is 437.7% above this industry median. Based on the distribution chart, Westlake Chemical Partners LP ranks #21 out of 1063 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Westlake Chemical Partners LP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's Dividend Yield % compare to LXU and ASPI?
According to the Chemicals industry distribution chart, Westlake Chemical Partners LP ranks #21 out of 1063 companies for Dividend Yield %. This places Westlake Chemical Partners LP in the top 2% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 1.59. Westlake Chemical Partners LP's value of 8.55% is 437.7% above this benchmark. Historically, Westlake Chemical Partners LP's own Dividend Yield % has ranged from 4.95 to 13.39 over the past decade. While the company's 10-year median is 7.85 vs. the industry median of 1.59, Westlake Chemical Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Chemicals company?
The median Dividend Yield % among Chemicals companies is 1.59, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westlake Chemical Partners LP's current Dividend Yield % of 8.55% is 437.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Westlake Chemical Partners LP and its competitors. For the Chemicals industry, the median Dividend Yield % is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westlake Chemical Partners LP's current Dividend Yield % is 8.55%, which is near median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake Chemical Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Westlake Chemical Partners LP (WLKP) is currently considered Fairly Valued. The stock's GF Value™ is $24.32, compared to a current price of $22.03 — trading 9.4% below its estimated fair value. The current Dividend Yield % is 8.55%, which is near median its 10-year median of 7.85 and 437.7% above the Chemicals industry median of 1.59. Westlake Chemical Partners LP's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current Dividend Yield % is 8.55% as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Westlake Chemical Partners LP (WLKP) Overvalued in 2026?
Based on GuruFocus' analysis, Westlake Chemical Partners LP stock appears to be undervalued.
The current stock price of $22.03 is trading 9.4% below its estimated GF Value™ of $24.32.
GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.
Key valuation signals for WLKP:
Dividend Yield %: 8.55% (near median its 10-year median of 7.85)
GF Value™: $24.32 vs. price of $22.03 (9.4% below fair value)
Industry Position: 437.7% above the Chemicals median (#21 of 1063)
No single metric tells the full story. See the WLKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westlake Chemical Partners LP Business Description
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen, to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
84GF Score
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