News to Watch: Whirlpool Corporation (NYSE:WHR)

Whirlpool Corporation (NYSE:WHR)  spotted trading -3.51% off 52-week high price. On the other end, the stock has been noted 210.75% away from the low price over the last 52-weeks. The stock changed -1.33% to recent value of $198.88. The stock transacted 604907 shares during most recent day however it has an average volume of 706.85K shares. The company has 62.40M of outstanding shares and 62.01M shares were floated in the market.

On Oct. 19, 2020, the board of directors of Whirlpool Corporation (NYSE:WHR) approved a $0.05 increase in the quarterly dividend on the Company’s common stock to $1.25 per share from $1.20 per share. The dividend is payable December 15, 2020, to stockholders of record at the close of business on November 20, 2020.

I am pleased to announce that we are increasing our dividend for the eighth consecutive year, reflecting the confidence we have in our business both in the short and long term, said Marc Bitzer, chairman and chief executive officer of Whirlpool Corporation.

About Whirlpool Corporation

Whirlpool Corporation (NYSE:WHR) is the world’s leading kitchen and laundry appliance company, with approximately $20 billion in annual sales, 77,000 employees and 59 manufacturing and technology research centers in 2019. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and other major brand names in nearly every country throughout the world. Its earnings per share (EPS) expected to touch remained 765.20% for this year while earning per share for the next 5-years is expected to reach at 0.20%. WHR has a gross margin of 16.60% and an operating margin of 7.70% while its profit margin remained 4.40% for the last 12 months.

According to the most recent quarter its current ratio was 1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 4.83% from the mean of 20 days, 9.11% from mean of 50 days SMA and performed 41.06% from mean of 200 days price. Company’s performance for the week was -1.01%, 14.12% for month and YTD performance remained 34.81%.

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Shawn Harris

Shawn Harris is a Master’s in Business Administration by education. After completing his post-graduation, Shawn jumped the journalism bandwagon as a freelance journalist. Soon after that he landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor. As an avid day trader, Shawn is a master of technical analysis and writes tirelessly on how stocks are trading. He has extensive knowledge in technical analysis & news writing.

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