Westlake Chemical boosts dividend to 5.75 cents

HOUSTON — Westlake Chemical Corp. on Monday said its board declared a 9.5 percent increase in its quarterly dividend, to 5.75 cents per share.

The petrochemicals and polymers maker previously paid a quarterly dividend of 5.25 cents per share.

Westlake Chemical said the dividend is payable Sept. 17 to shareholders of record Sept. 2.