Westlake Dividend Details and Recent Developments: Important Information Before the Ex-Dividend Date on May 20, 2025

Westlake Corporation (WLK) has announced its upcoming dividend details. The ex-dividend date is set for May 20, 2025, with the announcement made on May 9, 2025. The dividend is $0.525 per share, which is significantly higher than the average of the last ten dividends, which stood at approximately $0.231 per share. This payout, classified as a cash dividend, follows the previous dividend issued on Mar 19, 2025, also at $0.525 per share.

Recently, Westlake Corporation has been in the spotlight for several notable events. As of late, the company has launched a new product, Salt Flat™, through its Westlake Royal Building Products division. This development underscores Westlake's ongoing commitment to innovation within the housing and infrastructure sector. Additionally, institutional trading activities have seen significant increases, with Lazard Asset Management LLC boosting its stake in the company by 3.0% in the fourth quarter. This move reflects growing investor interest in Westlake’s prospects. Over the past week, the company has experienced a series of stock rating adjustments. Piper Sandler recently lowered the price target for Westlake from $105 to $100 while maintaining a neutral rating, indicating cautious optimism. Several other analysts have also revised their ratings and price targets, reflecting varied perspectives on the company's market performance and potential upside.

In conclusion, these developments, alongside the upcoming dividend, highlight a period of strategic activity and financial interest in Westlake Corporation. Investors should note that May 20, 2025, is the last day to purchase Westlake stock to be eligible for the dividend payout. Any acquisitions made after this date will not qualify for this dividend.