04-20-2021, 08:37 AM
(04-20-2021, 08:36 AM)EricL Wrote: Whirlpool (NYSE:WHR) declares $1.40/share quarterly dividend, 12% increase from prior dividend of $1.25.
Forward yield 2.38%
Payable June 15; for shareholders of record May 21; ex-div May 20.
In addition, the board of directors has authorized an additional $2.0B share repurchase program.
The new authorization is in addition to the $531M unused portion of the previous program as of Dec. 31, 2020.
I'll point out that WHR's current market cap is around $15B. So the $2.5B in repurchase authorization is worth roughly 17% of the current shares outstanding.