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Westlake Chemical Partners LP Announces First Quarter 2025 Distribution

1. WLKP declares a quarterly distribution of $0.4714 per unit, payable May 29, 2025. 2. This marks the 43rd distribution since WLKP's IPO, indicating consistent returns.

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FAQ

Why Bullish?

The consistent distributions reflect strong financial health and can attract investors, similar to historical performance trends seen in similar MLPs during consistent payout announcements.

How important is it?

Regular dividends enhance investor trust and may lead to stock price appreciation, impacting WLKP positively.

Why Long Term?

Regular distributions signal stability, likely encouraging long-term investor confidence and inflow, akin to historical scenarios where MLPs maintained smooth distribution trajectories.

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HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 43rd quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on May 29, 2025, to unit holders of record on May 13, 2025. This release is intended to be a qualified notice under Treasury Regulation Sect.

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