Westlake Corporation Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Westlake Corporation (NYSE:WLK) has declared a $0.3570 per share dividend for the fourth quarter of 2022. This dividend is scheduled to be paid on March 16, 2023, to stockholders on record as of March 1, 2023. This marks the 74th successive quarterly dividend declared since the company's IPO in August 2004, emphasizing Westlake's commitment to returning value to its shareholders.

Positive

• Declared a dividend of $0.3570 per share for Q4 2022.
• 74th consecutive quarterly dividend since IPO.

Negative

• None.

$0.3570 per share dividend declared payable on March 16, 2023

HOUSTON--(BUSINESS WIRE)-- The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.3570 per share for the fourth quarter of 2022. This dividend will be payable on March 16, 2023, to stockholders of record on March 1, 2023.

This is the 74^th 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/20230217005264/en/

Media Inquiries:

Westlake Corp.

Ben Ederington, 713-960-9111

or

Investor Inquiries:

Westlake Corp.

Steve Bender, 713-960-9111

Source: Westlake Corporation

FAQ

What is the dividend amount declared by Westlake Corporation for Q4 2022?

Westlake Corporation declared a dividend of $0.3570 per share for the fourth quarter of 2022.

When will the dividend be paid to shareholders?

The dividend will be payable on March 16, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is March 1, 2023.

How many consecutive dividends has Westlake Corporation declared?

Westlake Corporation has declared its 74th consecutive quarterly dividend.