Published on 13 Nov 2021 on Simply Wall St. via Yahoo Finance

Whirlpool Corporation (NYSE:WHR) Looks Interesting, And It's About To Pay A Dividend

Whirlpool Corporation (NYSE:WHR) is about to trade ex-dividend in the next four days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase Whirlpool's shares before the 18th of November in order to be eligible for the dividend, which will be paid on the 15th of December.

The company's next dividend payment will be US$1.40 per share. Last year, in total, the company distributed US$5.60 to shareholders. Calculating the last year's worth of payments shows that Whirlpool has a trailing yield of 2.4% on the current share price of $232.17. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to check whether the dividend payments are covered, and if earnings are growing.

View our latest analysis for Whirlpool