Whirlpool (WHR) Raises Quarterly Dividend 20% to $0.90; 1.8% Yield

Whirlpool (NYSE: WHR) declared a quarterly dividend of $0.90 per share, or $3.6 annualized. This is a 20% increase from the prior dividend of $0.75.

The dividend will be payable on June 15, 2015, to stockholders of record on May 15, 2015, with an ex-dividend date of May 13, 2015.

The annual yield on the dividend is 1.8 percent.

"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."

For a dividend history and other dividend-related data on Whirlpool (WHR) click here.

You May Also Be Interested In

• Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
• Getty Realty (GTY) Declares $0.45 Quarterly Dividend; 6.7% Yield
• Employers Holdings (EIG) Raises Quarterly Dividend 7.1% to $0.30; 2.8% Yield