Westlake Corporation declares a $0.533 dividend per share for Q2 2026, payable on September 10, 2026.
Quiver AI Summary
Westlake Corporation's Board of Directors has declared a regular second-quarter dividend of $0.533 per share, set to be paid on September 10, 2026, to stockholders of record as of August 25, 2026. This marks 22 consecutive years of dividend payments and increases since the company's first dividend in 2004. The press release includes forward-looking statements regarding future dividend payments, which are subject to risks and uncertainties. For more information on these risks, the company refers to its recent SEC filings. Westlake, celebrating 40 years in business, operates globally, providing essential materials and products across various industries, including construction, healthcare, and consumer goods.
Potential Positives
- The declaration of a regular dividend distribution of $0.533 per share signals financial stability and a commitment to returning value to shareholders.
- Westlake Corporation has been consistently paying and increasing its dividend for 22 years, demonstrating a strong track record of financial performance and shareholder appreciation.
- The announcement coincides with Westlake's 40th anniversary, highlighting the company's longevity and established presence in the global market.
- The company operates in diverse sectors such as housing, healthcare, and automotive, indicating a broad market reach and potential for growth across various industries.
Potential Negatives
- The declaration of a dividend may signal limited cash flow flexibility, which could concern investors about the company’s financial health amidst any potential economic downturns.
- The mention of forward-looking statements being subject to significant risks and uncertainties could indicate instability or unpredictability in future dividend payments.
FAQ
What is the declared dividend amount for Westlake Corporation in Q2 2026?
The declared dividend amount is $0.533 per share for the second quarter of 2026.
When will the dividend be payable to stockholders?
The dividend will be payable on September 10, 2026, to stockholders of record on August 25, 2026.
How long has Westlake Corporation been paying dividends?
Westlake Corporation has been successfully paying and increasing its dividend for the past 22 years.
Where can I find more details about Westlake’s financial performance?
More details can be found in Westlake’s Annual Report on Form 10-K and Quarterly Report on Form 10-Q, filed with the SEC.
What does Westlake Corporation manufacture?
Westlake Corporation manufactures materials and innovative products for sectors like housing, healthcare, automotive, and packaging.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WLK Insider Trading Activity
$WLK insiders have traded $WLK stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $WLK stock by insiders over the last 6 months:
- MARK STEVEN BENDER (EVP & CFO) has made 0 purchases and 3 sales selling 33,822 shares for an estimated $3,604,033.
- ALBERT CHAO (Executive Chairman) has made 0 purchases and 2 sales selling 38,873 shares for an estimated $3,120,774.
- ROBERT F. BUESINGER (EVP, PEM Segment Head) sold 4,000 shares for an estimated $461,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WLK Revenue
$WLK had revenues of $3.3B in Q2 2026. This is an increase of 10.77% from the same period in the prior year.
You can track WLK financials on Quiver Quantitative's WLK stock page.
You can access data on WLK stock through the Quiver Quantitative API.
$WLK Hedge Fund Activity
We have seen 186 institutional investors add shares of $WLK stock to their portfolio, and 195 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ORBIS ALLAN GRAY LTD removed 3,209,155 shares (-60.6%) from their portfolio in Q2 2026, for an estimated $234,268,315
- WELLINGTON MANAGEMENT GROUP LLP removed 2,427,200 shares (-57.5%) from their portfolio in Q1 2026, for an estimated $283,545,504
- CAPITAL WORLD INVESTORS removed 1,368,658 shares (-32.5%) from their portfolio in Q2 2026, for an estimated $99,912,034
- VICTORY CAPITAL MANAGEMENT INC removed 1,108,522 shares (-99.5%) from their portfolio in Q2 2026, for an estimated $80,922,106
- FMR LLC removed 951,230 shares (-72.5%) from their portfolio in Q2 2026, for an estimated $69,439,790
- GOLDMAN SACHS GROUP INC added 639,374 shares (+84.8%) to their portfolio in Q1 2026, for an estimated $74,691,670
- DIMENSIONAL FUND ADVISORS LP added 585,534 shares (+39.9%) to their portfolio in Q2 2026, for an estimated $42,743,982
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$WLK Analyst Ratings
Wall Street analysts have issued reports on $WLK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 05/06/2026
To track analyst ratings and price targets for $WLK, check out Quiver Quantitative's $WLK forecast page.
$WLK Price Targets
Multiple analysts have issued price targets for $WLK recently. We have seen 11 analysts offer price targets for $WLK in the last 6 months, with a median target of $110.0.
Here are some recent targets:
- Vincent Andrews from Morgan Stanley set a target price of $92.0 on 07/02/2026
- John Roberts from Mizuho set a target price of $88.0 on 07/01/2026
- Matthew DeYoe from B of A Securities set a target price of $85.0 on 06/30/2026
- Patrick Cunningham from Citigroup set a target price of $85.0 on 06/24/2026
- Joshua Spector from UBS set a target price of $117.0 on 06/05/2026
- Jeffrey Zekauskas from JP Morgan set a target price of $90.0 on 05/18/2026
- Arun Viswanathan from RBC Capital set a target price of $130.0 on 05/11/2026
Full Release
HOUSTON, Aug. 14, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.533 per share for the second quarter of 2026. This dividend will be payable on September 10, 2026 to stockholders of record on August 25, 2026.
Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 22 years.
The statements in this release that are not historical facts, including statements regarding future payment of dividend, are forward-looking statements. These forward-looking statements are subject to significant risks and uncertainties. For more detailed information about the factors that could cause actual results to differ materially, please refer to Westlake’s Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC in February 2026, and Westlake’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, which was filed with the SEC in August 2026, respectively.
About Westlake
Celebrating 40 years of operations in 2026, 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 goods. For more information, visit the Company's web site at www.westlake.com .
Contacts
Media Inquiries:
Westlake Corp.
Ben Ederington, 713-960-9111
or
Investor Inquiries:
Westlake Corp.
Jon Baksht, 713-960-9111
