Westlake Chemical Partners LP Announces Third Quarter 2026 Distribution

Distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Rhea-AI Summary

Westlake Chemical Partners (WLKP) declared a quarterly distribution of $0.4714 per unit, payable on December 1, 2026.

Unit holders of record on November 13, 2026, will receive the payment. This is the partnership’s 49th quarterly distribution announced since its initial public offering.

Positive

• None.

Negative

• Minor pointNon-U.S. investors’ distributions are subject to federal income tax withholding at the highest applicable effective tax rate.

News Explained

Westlake Chemical Partners says its distribution release is intended as a qualified notice: brokers and nominees should treat 100.0% of distributions to non-U.S. investors as attributable to income effectively connected with a U.S. trade or business, so federal income tax withholding applies at the highest applicable effective rate.

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$0.4714 per unit distribution declared payable on December 1, 2026

HOUSTON, Nov. 02, 2026 (GLOBE NEWSWIRE) -- 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 49th quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on December 1, 2026, to unit holders of record on November 13, 2026.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of the Partnership’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

About Westlake Chemical Partners LP

Westlake Chemical Partners is a limited partnership formed by Westlake Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP’s assets include three facilities in Calvert City, Kentucky, and Lake Charles, Louisiana which process ethane and propane into ethylene, and an ethylene pipeline. For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com.

Contacts

Media Inquiries:
Westlake Corp.
Ben Ederington, 1-713-585-2900

or

Investor Inquiries:
Westlake Corp.
Jeff Holy, 1-713-585-2900

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Westlake Chemical Partners’ third-quarter 2026 distribution, and when is it payable?

The distribution is $0.4714 per unit, payable on December 1, 2026, to unit holders of record on November 13, 2026.

How is Westlake Chemical Partners’ distribution treated for non-U.S. investors?

Brokers and nominees should treat 100.0% of distributions to non-U.S. investors as income effectively connected with a United States trade or business. These distributions are subject to federal income tax withholding at the highest applicable effective tax rate.