Whirlpool's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Whirlpool (NYSE:WHR) has announced a quarterly dividend of $1.75 per share. The ex-dividend date is Thursday, meaning the stock will likely open $1.75 lower to reflect the payout. Shareholders who own WHR as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 15, 2023.
August 21, 2023 | 2:45 pm
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Whirlpool's announcement of a $1.75 per share dividend may cause the stock to open lower on the ex-dividend date. The dividend will be paid out on September 15, 2023.
Dividends are typically factored into a company's stock price. When a company goes ex-dividend, the stock price is often adjusted downward to reflect the payout, which could lead to a short-term decrease in Whirlpool's stock price.
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