Whirlpool Corporation Declares Quarterly Dividend

(Neutral)

Rhea-AI Summary

Whirlpool Corporation (NYSE: WHR) announced a quarterly dividend of $1.75 per share, payable on March 15, 2023, to shareholders on record as of March 3, 2023.

In 2022, the company reported approximately $20 billion in annual sales and has over 61,000 employees across 56 manufacturing and technology research centers.

This dividend payment reflects Whirlpool's ongoing commitment to returning value to its shareholders amid a focus on innovation in the home appliance industry.

Positive

Declared quarterly dividend of $1.75 per share.
Strong financial performance with $20 billion in annual sales.

Negative

None.

News Market Reaction – WHR

-2.83%

-2.83% Session move

In the trading session that priced this news, WHR declined 2.83%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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02/20/2023 - 05:33 PM

BENTON HARBOR, Mich., Feb. 20, 2023 /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 March 15, 2023, to stockholders of record at the close of business on March 3, 2023.

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit, Yummly and InSinkErator. In 2022, the company reported approximately $20 billion in annual sales, 61,000 employees and 56 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 dividend amount declared by Whirlpool Corporation for March 2023?

Whirlpool Corporation declared a quarterly dividend of $1.75 per share.

When is the dividend payment date for Whirlpool Corporation?

The dividend is payable on March 15, 2023.

What is the record date for Whirlpool's dividend payment?

The record date for the dividend payment is March 3, 2023.

How much revenue did Whirlpool Corporation report in 2022?

Whirlpool Corporation reported approximately $20 billion in annual sales for 2022.