Westlake Chemical Raises Quarterly Dividend 31% to $0.165/Share
The board of directors of Westlake Chemical (NYSE: WLK) declared on Friday, August 22, 2014, a dividend of 16.5 cents per share, an increase of 31% from the 12.6 cents per share paid in the second quarter of 2014. The increased dividend will be payable on September 19, 2014, to stockholders of record on September 5, 2014.
This is the 40th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.
Westlake Chemical Corporation (WLK)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, caustic, VCM, PVC suspension and specialty resins and PVC building products including pipe and specialty components, windows, fence and decking. For more information, visit the company's Web site at www.westlake.com.
SOURCE Westlake Chemical Corporation