Whirlpool Corporation Declares Substantial Quarterly Dividend
Whirlpool Corporation Announces Quarterly Dividend
Today, the board of directors of Whirlpool Corporation has declared a quarterly dividend of $1.75 per share on the Company's common stock. This dividend showcases the company's commitment to returning value to its shareholders. It will be payable on June 15, 2025, to stockholders of record at the close of business on May 16, 2025.
Commitment to Shareholders
Whirlpool Corporation remains dedicated to enhancing shareholder value through consistent dividends. This strong performance amidst competitive market conditions signifies its effectiveness in managing finances and meeting consumer demands. Stockholders can rely on Whirlpool as it maintains its commitment to providing dividends while also investing in future innovations.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a premier home appliance manufacturer, consistently focused on improving the daily lives of families through innovative products. As the last major manufacturer of kitchen and laundry appliances in the United States, Whirlpool is committed to delivering remarkable home experiences. Its esteemed brand portfolio includes iconic names such as Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator.
Company Milestones
In 2024, Whirlpool Corporation reported impressive annual sales of approximately $17 billion, with nearly 90% of its revenue generated in the Americas. The company boasts a diverse workforce of 44,000 employees and operates 40 manufacturing and technology research centers worldwide, ensuring it remains at the forefront of technological advancements in home appliances.
Innovation and Evolution
Whirlpool is not just about producing appliances; it is focused on driving meaningful innovations that cater to the changing needs of consumers. With sustained investment in research and development, Whirlpool continuously introduces new features and technologies aimed at enhancing user experience and efficiency.
Website Overview and Investor Relations
For those interested in staying updated, Whirlpool Corporation encourages investors to visit its website, whirlpoolcorp.com, specifically the "Investors" section. The company regularly posts important information for investors and updates material non-public information as required. This transparency is part of Whirlpool's broader commitment to maintaining an open line of communication with its stakeholders.
Engagement with Shareholders
Whirlpool values its shareholders and recognizes the importance of keeping them informed. By promoting access to information through website postings, including press releases and presentations, shareholders can remain engaged with the company’s financial health and strategic direction.
Frequently Asked Questions
What dividend has Whirlpool Corporation declared?
Whirlpool Corporation has declared a quarterly dividend of $1.75 per share on its common stock.
When will the dividend be payable?
The dividend is payable on June 15, 2025, to shareholders recorded by May 16, 2025.
What is the revenue range for Whirlpool Corporation?
For 2024, Whirlpool Corporation reported annual sales of approximately $17 billion, with a significant portion generated in the Americas.
What brands are included under Whirlpool Corporation?
Whirlpool Corporation's renowned brands include Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator.
How can investors get the latest updates?
Investors can stay informed by regularly checking the "Investors" section of Whirlpool's website for updates and important disclosures.
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