Ex-Div Reminder for Westlake Chemical Partners (WLKP)

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/15, Westlake Chemical Partners LP ( WLKP) will trade ex-dividend, for its quarterly dividend of $0.2829, payable on 5/27/15. As a percentage of WLKP's recent stock price of $24.40, this dividend works out to approximately 1.16%, so look for shares of Westlake Chemical Partners LP to trade 1.16% lower — all else being equal — when WLKP shares open for trading on 5/8/15.

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Below is a dividend history chart for WLKP, showing historical dividends prior to the most recent $0.2829 declared by Westlake Chemical Partners LP:

WLKP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from WLKP is likely to continue, and whether the current estimated yield of 4.64% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, Westlake Chemical Partners LP shares are currently off about 5.8% on the day.

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