Westlake Chemical Corporation (NYSE:WLK) Updates On Quarterly Dividend


As per Westlake Chemical Corporation (NYSE:WLK) statement on 2016-08-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.191 per share as dividend to stakeholders. The record date is set as 2016-09-02, the payout date as 2016-09-20 and the ex-dividend date is 2016-08-31.

Last fiscal Westlake Chemical Corporation (NYSE:WLK) disbursed cash dividend of $0.191. A year ago, the payout was $0.191, which indicates a difference of 19.0722%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.191, implying 41.7717% growth.

For the period ended on 2015-12-31, Westlake Chemical Corporation (NYSE:WLK)’s earnings came at $1.21 per share compared to EPS of $1.26 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $1.01 per share.

The interim price target for Westlake Chemical Corporation (NYSE:WLK) is set at $55.6. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Westlake Chemical Corporation (NYSE:WLK) is seen at $60 and the lowest level is established at $52. This broad range highlights a standard deviation of $3.577 in reported estimates.

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