U.S. Markets closed

Westlake Chemical declares special dividend of $3.75 per share

The board of Westlake Chemical declared on Friday a special dividend of $3.75 per share. The special dividend and the regular quarterly dividend will be payable on December 12, to stockholders of record on November 26. The regular quarterly dividend and the special dividend will entail the payment of approximately $12.5M and $250M, respectively. The funds will be provided from cash on hand.