BENTON HARBOR, Mich.,
April 20, 2015 /PRNewswire/
-- The board of directors of Whirlpool Corporation today
declared a 20 percent increase in the quarterly dividend on the
company's common stock to 90 cents
per share from 75 cents per share.
The dividend is payable June 15,
2015, to stockholders of record at the close of business on
May 15, 2015.
"This dividend increase not only highlights our commitment to
create value for shareholders, but also underlines Whirlpool
Corporation's strong financial condition and confidence in our
business going forward," said Jeff M.
Fettig, chairman and chief executive officer of Whirlpool
Corporation. "Our company has the most significant opportunities
for growth and value creation in the next four years that we've
ever had in our 103-year history. Through our multiple paths for
profitable growth and consistently strong execution, we will
continue to generate substantial value for our shareholders during
the long term."
About Whirlpool Corporation
Whirlpool Corporation
(NYSE: WHR) is the number one major appliance manufacturer in the
world, with approximately $20 billion
in annual sales, 100,000 employees and 70 manufacturing and
technology research centers throughout the world in 2014. The
company markets Whirlpool, KitchenAid, Maytag,
Consul, Brastemp, Amana, Bauknecht,
Jenn-Air, Indesit and other major brand names in more
than 170 countries. Additional information about the company can be
found at WhirlpoolCorp.com, or find us on Twitter at
@WhirlpoolCorp.
Whirlpool Additional Information
This document
contains forward-looking statements. Actual events or results may
differ materially from those statements. For information about the
factors that could cause such differences, please refer to our
Annual Report on Form 10-K for the year ended December 31, 2014, including the information set
forth under the caption "Risk Factors."
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SOURCE Whirlpool Corporation