Westlake Corp (WLK) has declared a quarterly dividend of $0.53 per share, reaffirming its commitment to returning value to shareholders. The dividend will be payable to shareholders of record, with an ex-dividend date set for November 24, 2025. Investors must own shares before this date to be eligible for the payment, which will be distributed on December 10, 2025.
With a current dividend yield of 3.61%, this announcement highlights Westlake's strategy in capital allocation, providing regular income to its investors. The company's dividend payments reflect its ongoing performance in the chemicals industry, where it operates as a global diversified industrial company. Westlake engages in the manufacturing and supplying of essential products across various sectors, including housing, construction, and healthcare.
The company, headquartered in Houston, Texas, has a market capitalization of $8.3 billion and employs approximately 15,540 full-time workers. Westlake Corp continues to demonstrate a reliable dividend history, which can be attractive to income-focused investors. However, dividend payments are not guaranteed and may fluctuate based on business performance and management decisions.
As Westlake prepares for its upcoming earnings report on August 3, 2026, where earnings per share are estimated at $0.74, investors may consider the company's overall financial health and dividend sustainability as part of their evaluations.