Westlake Chemical Corporation (WLK) will raise its quarterly dividend by 5 percent to $0.1906 per share. The next dividend will be payable on September 20, 2016 to stockholders of record on September 2, 2016.
This is the 48th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.
Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, polymers and building products with headquarters in Houston, Texas. The company's range of products includes: ethylene, polyethylene, styrene, propylene, chlor-alkali and derivative products, PVC suspension and specialty resins, PVC Compounds, and PVC building products including siding, pipe, fittings and specialty components, windows, fence, deck and film.