Whirlpool: Dividend Insights
Portfolio Pulse from Benzinga Insights
Whirlpool (NYSE:WHR) announced a quarterly dividend of $1.75 per share, with the ex-dividend date set for Thursday. Shareholders owning WHR by the end of Wednesday are eligible for the payout on March 15, 2024. The stock is expected to open $1.75 lower on the ex-dividend date.
February 26, 2024 | 2:45 pm
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Whirlpool set to pay a $1.75/share quarterly dividend. Eligibility requires ownership by end of Wednesday, with a payout on March 15, 2024. Stock likely to open lower on ex-dividend date.
The stock is expected to open lower on the ex-dividend date as the dividend payout is factored into the stock price, which could lead to a short-term decrease in WHR's stock price. However, the impact is typically temporary and reflects the dividend distribution rather than a change in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100