As per Whirlpool Corporation (NYSE:WHR)’s news release on 2016-08-16, its shareholders will get cash dividend of $1 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-26 and 2016-09-15, respectively.
The stock will commence trading ex-dividend from 2016-08-24, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Whirlpool Corporation (NYSE:WHR) disbursed $1 in dividend compared to distribution of $1, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 20%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Whirlpool Corporation (NYSE:WHR) to attain a price target of $211.2. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $225. The low price range is set at $201 for next year while the arithmetic mean is seen at 1.29.
Eyeing Earnings Whirlpool Corporation (NYSE:WHR) is likely to post quarterly numbers around 2016-10-28 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $3.91 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Whirlpool Corporation (NYSE:WHR) earnings came at $3.5 suggesting a deviation of $0.15. The brokerages targeted EPS of $3.35 for the quarter.
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