Westlake Chemical Partners (NYSE:WLKP) will announce its earnings results before the market opens on Tuesday, November 6th.
Shares of NYSE WLKP opened at $23.87 on Monday. The stock has a market cap of $769.50 million, a PE ratio of 13.88, a price-to-earnings-growth ratio of 3.47 and a beta of 1.05. Westlake Chemical Partners has a 1 year low of $21.10 and a 1 year high of $27.75. The company has a quick ratio of 4.97, a current ratio of 5.10 and a debt-to-equity ratio of 0.50.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 26th. Stockholders of record on Friday, November 9th will be issued a dividend of $0.4207 per share. This is a boost from Westlake Chemical Partners’s previous quarterly dividend of $0.41. This represents a $1.68 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date is Thursday, November 8th. Westlake Chemical Partners’s dividend payout ratio (DPR) is currently 95.35%.
About Westlake Chemical Partners
Westlake Chemical Partners LP operates, acquires, and develops ethylene production facilities and related assets in the United States. The company operates ethylene production facilities, which primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis.
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