Westlake Chemical Corporation (NYSE:WLK) will begin trading ex-dividend on November 23, 2020. The quarterly dividend payment of $ 0.27 per share is scheduled to be paid on December 9, 2020. The dividend yield based on the latest trading day closing price was 1.45 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 23, 2020.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Westlake Chemical Corporation
Westlake Chemical Corporation recently reported third quarter financial results on November 3, 2020, before market open, manufacturer of specialty chemicals reported income for the third quarter of $ 0.64 per share, from the revenue of $ 1,898.00 million. The quarterly earnings shrunk 48.80 percent while revenues down 8.13 percent compared with the same quarter last year.
According to street consensus, WLK was expected to report 3Q20 income of $ 0.46 per share from revenue of $ 1891.67 million. The bottom line results beat street analysts by $ 0.18 or 39.13 percent, at the same time, top line results outshined analysts by $ 6.33 million or 0.33 percent.
Stock Performance
Shares of Westlake Chemical Corporation traded low $ -0.31 or -0.41 percent on Thursday, reaching $ 74.53 with volume of 153.20 thousand shares. Westlake Chemical Corporation has traded high as $ 75.29 and has cracked $ 73.37 on the downward trend
According to the previous trading day, closing price of $ 74.53, representing a 158.16 % increase from the 52 week low of $ 28.99 and a 7.7 % decrease over the 52 week high of $ 81.08.
The company has a market capital of $ 9.52 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products.
