Whirlpool Stock Price, News & Analysis

Whirlpool Corporation (NYSE: WHR) declared a quarterly dividend of $1.75 per share on April 18, 2023. This dividend is payable to stockholders of record on May 19, 2023, with a payment date set for June 15, 2023. In 2022, Whirlpool reported approximately $20 billion in sales and employed 61,000 individuals. The company prioritizes innovation to cater to consumer needs through its well-known brands such as Whirlpool, KitchenAid, and Maytag. This dividend declaration reflects the company's commitment to returning value to shareholders amid its operational successes.

Whirlpool Corporation (NYSE: WHR) will announce its first-quarter financial results on April 24, 2023, at 4:05 p.m. ET. A conference call will follow on April 25, 2023, at 8 a.m. ET to discuss performance with investors. Interested participants can join by dialing 1 (888) 440-4038 for domestic callers or 1 (646) 960-0861 for international participants, with the conference ID 2610251. The call will also be available via a live webcast on the company's investor relations website. In 2022, Whirlpool reported approximately $20 billion in annual sales and operates with a workforce of 61,000 employees across 56 manufacturing and technology research centers.

Whirlpool Corporation, in partnership with Habitat for Humanity, is addressing the urgent need for affordable, sustainable housing amid rising costs and climate challenges. Recent inflation has heightened the financial strain on families, with many facing energy insecurity that affects their living conditions. The BuildBetter with Whirlpool initiative focuses on constructing disaster-resilient, energy-efficient homes equipped with features like solar panels and water-conserving plumbing. Currently, 143 homes are under construction through this initiative, which began in June 2021. Whirlpool's House + Home initiative reinforces its commitment to improving community living standards and fostering sustainable building practices for a brighter future.

Whirlpool Corporation has achieved Zero Waste to Landfill (ZWtL) Gold or Platinum status across its large manufacturing sites globally, marking a significant milestone in its commitment to sustainability. Initiated in 2012, the ZWtL initiative aims for at least 95 percent waste diversion from landfills, aligning with the UL ECVP 2799 standard. CEO Marc Bitzer emphasized the company's dedication to improving manufacturing processes while maintaining product performance. Alongside ZWtL, Whirlpool is targeting net zero emissions by 2030 and has implemented various sustainability measures, including energy-efficient plant upgrades and wind energy agreements. The company also issued a $300 million sustainability bond to fund environmental projects. Notably, the ZWtL goal was reached for all large facilities by December 31, 2022, except for a newly opened facility in Argentina and the recently acquired InSinkErator business.