Whirlpool Corporation Declares Quarterly Dividend

Rhea-AI Summary

Whirlpool Corporation's board of directors declared a quarterly dividend of $1.25 per share on February 16, 2021. The dividend is set to be paid on March 15, 2021, to stockholders on record as of February 26, 2021. Whirlpool, a leader in kitchen and laundry appliances, reported approximately $19 billion in annual sales and employs around 78,000 people. It operates 57 manufacturing and tech research centers globally.

Positive

• Declared quarterly dividend of $1.25 per share.
• Dividend payment demonstrates company confidence in financial stability.
• Annual sales of approximately $19 billion indicate strong market position.

Negative

• None.

BENTON HARBOR, Mich., Feb. 16, 2021 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation declared a quarterly dividend of $1.25 per share on the company's common stock. The dividend is payable on March 15, 2021, to stockholders of record at the close of business on February 26, 2021.

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is the world's leading kitchen and laundry appliance company, with approximately $19 billion in annual sales, 78,000 employees and 57 manufacturing and technology research centers in 2020. 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.

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 $1.25 per share.

When is the dividend payable for Whirlpool Corporation?

The dividend is payable on March 15, 2021.

What is the record date for Whirlpool's dividend?

The record date for the dividend is February 26, 2021.

What are Whirlpool’s annual sales figures?

Whirlpool reported approximately $19 billion in annual sales.

How many employees does Whirlpool Corporation have?

Whirlpool Corporation employs around 78,000 people.