Whirlpool (WHR) Raises Quarterly Dividend 11.1% to $1.00; Approves $1B Stock Buyback Plan

Whirlpool (NYSE: WHR) declared a quarterly dividend of $1.00 per share, or $4 annualized. This is an 11.1% increase from the prior dividend of $0.90.

The dividend will be payable on June 15, 2016, to stockholders of record on May 20, 2016, with an ex-dividend date of May 18, 2016.

The annual yield on the dividend is 2.1 percent.

The board of directors of Whirlpool also authorized a $1 billion share repurchase program.

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

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