Whirlpool Corporation Announces Quarterly Dividend for Investors
Whirlpool Corporation's Dividend Declaration
Whirlpool Corporation, a leading home appliance manufacturer, recently declared a quarterly dividend of $1.75 per share on its common stock. This announcement marks a significant commitment to returning value to its shareholders while reflecting the company's robust financial standing and dedication to innovation.
Details on the Dividend
The declared dividend is scheduled for payment to stockholders of record on a specified date, further contributing to the company's established pattern of rewarding investors. The payment reflects Whirlpool's ongoing success and strategic decision-making in the market, reinforcing investor confidence.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) stands as a pivotal player in the home appliance industry, driven by a mission to enhance life at home for consumers. As the last major U.S.-based manufacturer in this sector, Whirlpool consistently innovates its range of products under various iconic brands that include Whirlpool, KitchenAid, and JennAir. The company proudly reported approximately $17 billion in annual sales, with a significant portion made in the Americas and a dedicated workforce of 44,000 employees.
Innovation and Product Development
Whirlpool Corporation's commitment to innovation is evident in its comprehensive suite of appliances designed to meet evolving consumer needs. By investing in research and development, the company pushes the envelope, ensuring its products are at the forefront of technology and design.
Investor Relations and Accountability
The company prioritizes the transparency of its operations, routinely posting vital information for investors on its website. This includes regular updates and material information that align with their commitment to regulatory compliance. Investors are encouraged to stay informed through the Investors section of the official website.
Corporate Social Responsibility
Whirlpool Corporation also emphasizes its role in corporate social responsibility. The organization actively engages in sustainable practices, focusing on reducing its environmental footprint and contributing positively to communities.
Future Outlook
With its solid performance and innovative strategies, Whirlpool Corporation looks to the future with optimism. The company continues to adapt and respond to market trends while maintaining its mission of improving life at home.
Frequently Asked Questions
What is the amount of the declared dividend by Whirlpool Corporation?
The declared dividend is $1.75 per share.
When will shareholders receive the dividend?
Shareholders will receive the dividend on the scheduled payment date set forth in the announcement.
How does Whirlpool Corporation support its investors?
Whirlpool routinely posts important updates and information for investors on its website to ensure transparency.
What brands are included under Whirlpool Corporation?
The company owns a portfolio of well-known brands including Whirlpool, KitchenAid, and JennAir among others.
What is Whirlpool Corporation's commitment to innovation?
Whirlpool is committed to continuous innovation in product design and technology to meet consumer needs effectively.
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