Whirlpool Corporation Declares Quarterly Dividend

Rhea-AI Summary

Whirlpool Corporation's board declared a quarterly $1.20 dividend per share on common stock, payable on September 15, 2020. Shareholders must be on record by the close of business on August 28, 2020. As a leading kitchen and laundry appliance company, Whirlpool reported approximately $20 billion in annual sales, employing about 77,000 people and operating 59 manufacturing and technology research centers worldwide. This dividend underlines the company's commitment to returning value to shareholders.

Positive

• Declared quarterly dividend of $1.20 per share, indicating financial health.
• Strong annual sales of approximately $20 billion demonstrates market leadership.

Negative

• None.

News Market Reaction – WHR

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+0.03% Session move

In the trading session that priced this news, WHR gained 0.03%, reflecting a mild positive market reaction.

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BENTON HARBOR, Mich., Aug. 18, 2020 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation declared a quarterly dividend of $1.20 per share on the company's common stock. The dividend is payable September 15, 2020, to stockholders of record at the close of business on August 28, 2020.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is the world's leading kitchen and laundry appliance company, with approximately $20 billion in annual sales, 77,000 employees and 59 manufacturing and technology research centers in 2019. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and other major brand names in nearly every country throughout the world. Additional information about the company can be found at WhirlpoolCorp.com, or find us on Twitter at @WhirlpoolCorp.

 

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SOURCE Whirlpool Corporation

FAQ

What is the dividend amount declared by Whirlpool Corporation?

Whirlpool Corporation declared a quarterly dividend of $1.20 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on September 15, 2020.

What is the record date for the dividend?

Shareholders must be on record by the close of business on August 28, 2020.

What are the annual sales for Whirlpool Corporation?

Whirlpool Corporation reported approximately $20 billion in annual sales.

How many employees does Whirlpool Corporation have?

Whirlpool Corporation employs about 77,000 people.