WLKP Ex-Dividend Reminder - 11/9/16

Looking at the universe of stocks we cover at Dividend Channel, on 11/9/16, Westlake Chemical Partners LP ( WLKP) will trade ex-dividend, for its quarterly dividend of $0.3353, payable on 11/29/16. As a percentage of WLKP's recent stock price of $20.34, this dividend works out to approximately 1.65%, so look for shares of Westlake Chemical Partners LP to trade 1.65% lower — all else being equal — when WLKP shares open for trading on 11/9/16.

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Below is a dividend history chart for WLKP, showing historical dividends prior to the most recent $0.3353 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 6.59% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of WLKP shares, versus its 200 day moving average:

Westlake Chemical Partners LP 200 Day Moving Average Chart

Looking at the chart above, WLKP's low point in its 52 week range is $15.35 per share, with $24.00 as the 52 week high point — that compares with a last trade of $20.20.

In Monday trading, Westlake Chemical Partners LP shares are currently up about 2% on the day.

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