Whirlpool Corporation Declares Quarterly Dividend

Rhea-AI Summary

Whirlpool (WHR) has announced a quarterly dividend of $1.75 per share on its common stock. The dividend will be paid on September 15, 2024, to stockholders of record at the close of business on August 30, 2024. This declaration by the board of directors demonstrates the company's commitment to returning value to shareholders. The consistent dividend payout may indicate Whirlpool's financial stability and confidence in its future performance. However, investors should consider the broader financial context and market conditions when evaluating this dividend announcement.

Positive

• Consistent quarterly dividend of $1.75 per share maintained
• Demonstrates commitment to shareholder returns
• Indicates financial stability and confidence in future performance

Negative

• None.

News Market Reaction

+0.40%

1 alert

+0.40% News Effect

On the day this news was published, WHR gained 0.40%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BENTON HARBOR, Mich., Aug. 19, 2024 /PRNewswire/ -- Today, the board of directors of Whirlpool Corporation (the "Company") declared a quarterly dividend of $1.75 per share on the Company's common stock. The dividend is payable on September 15, 2024, to stockholders of record at the close of business on August 30, 2024.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers.  Additional information about the company can be found at WhirlpoolCorp.com.

Website Disclosure
We routinely post important information for investors on our website, whirlpoolcorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

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SOURCE Whirlpool Corporation

FAQ

What is the amount of Whirlpool's (WHR) quarterly dividend for September 2024?

Whirlpool (WHR) has declared a quarterly dividend of $1.75 per share for September 2024.

When is the payment date for Whirlpool's (WHR) latest declared dividend?

The dividend is payable on September 15, 2024.

What is the record date for Whirlpool's (WHR) September 2024 dividend?

The record date for Whirlpool's dividend is August 30, 2024, at the close of business.

How often does Whirlpool (WHR) pay dividends?

Based on this announcement, Whirlpool pays dividends quarterly. However, future dividend frequency may be subject to board approval and company performance.