Whirlpool Corporation (WHR) to Issue Quarterly Dividend of $0.90 on December 15th

Whirlpool Corporation (NYSE:WHR) declared a quarterly dividend on Monday, October 20th. Investors of record on Friday, November 21st will be given a dividend of 0.90 per share on Monday, December 15th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Friday, November 21st.

Whirlpool has raised its dividend payment by an average of 0.1%per year over the last three years. Whirlpool has a dividend payout ratio of 33.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Whirlpool to earn $10.75 per share next year, which means the company should continue to be able to cover its $3.60 annual dividend with an expected future payout ratio of 33.5%.

Whirlpool Stock Up 0.7%

Shares of NYSE WHR opened at $68.69 on Wednesday. The business has a 50-day moving average of $76.13 and a two-hundred day moving average of $85.18. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of -20.44 and a beta of 1.18. Whirlpool has a 1 year low of $65.35 and a 1 year high of $135.49. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.86 and a quick ratio of 0.46.

Whirlpool (NYSE:WHR) last issued its earnings results on Monday, October 27th. The company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.68. The business had revenue of $4.03 billion for the quarter, compared to analyst estimates of $3.92 billion. Whirlpool had a positive return on equity of 19.49% and a negative net margin of 1.18%.The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $3.43 EPS. Whirlpool has set its FY 2025 guidance at EPS. On average, analysts forecast that Whirlpool will post 9.52 earnings per share for the current fiscal year.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.