Whirlpool Corporation Declares Quarterly Dividend

Rhea-AI Summary

Whirlpool Corporation, based in Benton Harbor, Mich., declared a quarterly dividend of $1.75 per share on its common stock. This dividend is scheduled for payment on December 15, 2022, to shareholders recorded at the close of business on November 18, 2022. The company reported around $22 billion in annual sales for 2021 and employs approximately 69,000 people, underscoring its commitment to innovation in kitchen and laundry solutions.

Positive

• Quarterly dividend of $1.75 per share enhances income for shareholders.
• Company reported annual sales of $22 billion, indicating strong revenue.

Negative

• None.

BENTON HARBOR, Mich., Oct. 17, 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 December 15, 2022, to stockholders of record at the close of business on November 18, 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.

 

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SOURCE Whirlpool Corporation

FAQ

What is the dividend amount declared by Whirlpool Corporation?

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

When will the dividend be paid to shareholders?

The dividend will be paid on December 15, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is November 18, 2022.

How much did Whirlpool Corporation report in annual sales?

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