Westlake Corporation Declares Quarterly Dividend

Rhea-AI Summary

Westlake Corporation (NYSE: WLK) has declared a regular dividend of $0.2975 per share, scheduled for payment on June 7, 2022. This dividend is aimed at stockholders of record by May 23, 2022. Notably, this marks the company's 71st consecutive quarterly dividend since its IPO in August 2004. Westlake specializes in manufacturing materials and innovative products across several sectors, including construction, packaging, and healthcare, solidifying its presence in global markets.

Positive

• Regular dividend of $0.2975 per share declared, enhancing shareholder income.
• 71st consecutive quarterly dividend reflects consistency and company confidence.

Negative

• None.

$0.2975 cents per share dividend declared payable on June 7, 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 first quarter of 2022. This dividend will be payable on June 7, 2022, to stockholders of record on May 23, 2022.

This is the 71st 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/20220512006016/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?

Westlake Corporation declared a dividend of $0.2975 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 7, 2022.

What is the record date for the dividend?

The record date for the dividend is May 23, 2022.

How many consecutive dividends has Westlake declared?

Westlake has declared 71 consecutive quarterly dividends since its IPO.