StockWatch
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Major Chemicals
DividendAug 3, 2026, 04:17 PM

Westlake Chemical Partners Declares $0.4714/Unit Distribution

AI Summary

Westlake Chemical Partners LP announced that its Board of Directors has declared a quarterly distribution of $0.4714 per unit. This is the 48th such distribution since the Partnership's initial public offering. The distribution is payable on August 28, 2026, to unit holders of record as of August 13, 2026. The company also noted that 100% of distributions to non-U.S. investors will be subject to federal income tax withholding.

Key Highlights

  • Declared a distribution of $0.4714 per unit.
  • This marks the 48th quarterly distribution by the Partnership.
  • Distribution payable on August 28, 2026.
  • Unit holders of record on August 13, 2026, will receive the distribution.
  • 100% of distributions to non-U.S. investors are subject to federal income tax withholding.
  • Westlake Chemical Partners LP is a limited partnership formed by Westlake Corporation.