BENTON HARBOR, Mich.,
April 15, 2019 /PRNewswire/
-- Today the board of directors of Whirlpool Corporation
(NYSE: WHR) approved a $0.05 increase
in the quarterly dividend on the Company's common stock to
$1.20 per share from $1.15 per share. The dividend is payable
June 15, 2019, to stockholders of
record at the close of business on May 17,
2019.
"We are increasing our dividend for the seventh consecutive year
as we continue in our commitment to returning strong levels of cash
to shareholders," said Marc Bitzer,
chairman and chief executive officer of Whirlpool Corporation. "We
are executing our balanced approach to capital allocation and
remain confident in our plans for long-term value creation."
About Whirlpool Corporation
Whirlpool Corporation
(NYSE: WHR) is the world's leading major home appliance company,
with approximately $21 billion in
annual sales, 92,000 employees and 65 manufacturing and technology
research centers in 2018. 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