Whirlpool (WHR) raises quarterly dividend 12% to $1.40; approves additional $2 billion share repurchase program

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Go back to Whirlpool (WHR) raises quarterly dividend 12% to $1.40; approves additional $2 billion share repurchase program

Whirlpool Corporation Announces Additional $2 Billion Share Repurchase Program Authorization And Increases Quarterly Dividend By 12%

April 19, 2021 6:45 PM EDT

BENTON HARBOR, Mich., April 19, 2021 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation has authorized an additional $2 billion share repurchase program. The new authorization is in addition to the $531 million unused portion of the previous program as of December 31, 2020.

The Company's board of directors also approved a $0.15 increase in the quarterly dividend on the Company's common stock to $1.40 per share from $1.25 per share. The dividend is payable June 15, 2021, to stockholders of record at the close of business on May 21, 2021.

"I am pleased to announce that we are increasing our dividend for the... More