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Whirlpool Corporation Declares Quarterly Dividend

Whirlpool Corporation's board of directors has declared a quarterly dividend of $1.75 per share on its common stock, which is scheduled for payment on June 15, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Whirlpool Corporation's board of directors has declared a quarterly dividend of $1.75 per share on its common stock, which is scheduled for payment on June 15, 2022. Stockholders who are on record by the close of business on May 20, 2022 will receive this dividend. The company reported approximately $22 billion in annual sales for 2021 and employs around 69,000 individuals, showcasing its strong market presence.

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Positive

  • Quarterly dividend of $1.75 per share boosts income for shareholders.
  • Strong annual sales of approximately $22 billion in 2021.

Negative

  • None.
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+3.38% session move Open Argus
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News Market Reaction – WHR

The recorded move for WHR in the trading session of this news was +3.38%.

Data tracked by StockTitan Argus. Session date unavailable.

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BENTON HARBOR, Mich., April 18, 2022 /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 June 15, 2022, to stockholders of record at the close of business on May 20, 2022.

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 and Yummly. In 2021, the company reported approximately $22 billion in annual sales, 69,000 employees and 54 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com, or find us on Twitter at @WhirlpoolCorp.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/whirlpool-corporation-declares-quarterly-dividend-301527507.html

SOURCE Whirlpool Corporation

FAQ

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

What is the dividend amount declared by WHR?

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

When will WHR's dividend be paid?

The dividend will be paid on June 15, 2022.

What is the record date for WHR's dividend?

The record date for the dividend is May 20, 2022.

How much were WHR's annual sales in 2021?

Whirlpool Corporation reported approximately $22 billion in annual sales for 2021.

How many employees does WHR have?

Whirlpool Corporation has around 69,000 employees.

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