Westlake Corporation Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Westlake Corporation (NYSE:WLK) has declared a regular dividend of $0.2975 per share for Q4 2021, payable on March 15, 2022. Stockholders on record as of March 1, 2022 will receive this dividend. This marks the 70th consecutive quarterly dividend since Westlake's IPO in August 2004, showcasing the company's commitment to returning value to its shareholders.

Positive

• Declared a dividend of $0.2975 per share, demonstrating consistent shareholder returns.
• Achieved 70 successive quarterly dividends since its IPO, indicating solid financial stability.

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• None.

$0.2975 cents per share dividend declared payable on March 15, 2022

HOUSTON--(BUSINESS WIRE)-- The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the fourth quarter of 2021. This dividend will be payable on March 15, 2022, to stockholders of record on March 1, 2022.

This is the 70th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.

About Westlake

Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutions — from housing and construction, to packaging and healthcare, to automotive and consumer. For more information, visit the company's web site at www.westlake.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220218005298/en/

Media Inquiries:

Westlake Chemical Corp.

Ben Ederington, 713-960-9111

or

Investor Inquiries:

Westlake Chemical Corp.

Steve Bender, 713-960-9111

Source: Westlake Corporation

FAQ

What is the dividend amount declared by Westlake Corporation for Q4 2021?

Westlake Corporation declared a dividend of $0.2975 per share for Q4 2021.

When is the dividend payment date for Westlake Corporation?

The dividend will be payable on March 15, 2022.

What is the record date for the dividend payment by Westlake Corporation?

The record date for the dividend is March 1, 2022.

How many consecutive quarterly dividends has Westlake Corporation declared?

Westlake Corporation has declared 70 consecutive quarterly dividends since its IPO.