Westlake Chemical Partners Keeps Dividends Steady Despite Earnings Uncertainty

Reported 1 day ago

Westlake Chemical Partners LP (NYSE:WLKP) has maintained its dividend strength with an attractive yield of 8.54%, even amid mixed signals from its recent earnings report. While the company reported a decline in net income due to lower production volumes, it also holds a solid cash position of approximately $154 million. Despite a significant stock sale by a top executive, the stock's performance has been positive, receiving a Buy rating from analysts at Barclays.

Source: YAHOO

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