Whirlpool Corporation (NYSE:WHR) will begin trading ex-dividend on November 19, 2020. The quarterly dividend payment of $ 1.25 per share is scheduled to be paid on December 15, 2020. The dividend yield based on the latest trading day closing price was 2.65 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 19, 2020.
Dividends History
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Whirlpool Corporation recently reported second quarter financial results on July 22, 2020, after market close, the Benton Harbor based company unfold income for the second quarter of $ 2.15 per share, from the revenue of $ 4,042.00 million. The quarterly earnings reduced 46.38 percent while revenues contracted 22.06 percent compared with the same quarter last year.
According to street consensus, WHR was expected to report 2Q20 income of $ 0.87 per share from revenue of $ 3505.02 million. The bottom line results beat street analysts by $ 1.28 or 147.13 percent, at the same time, top line results outshined analysts by $ 536.98 million or 15.32 percent.
Stock Performance
On Friday, shares of Whirlpool Corporation has traded high as $ 190.18 and has cracked $ 185.49 on the downward trend, reaching $ 188.73 with volume of 432.40 thousand shares.
According to the previous trading day, closing price of $ 188.73, representing a 187.41 % increase from the 52 week low of $ 64.00 and a 11.27 % decrease over the 52 week high of $ 207.30.
The company has a market capital of $ 11.80 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The companys principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.
