Whirlpool Corporation Declares Quarterly Dividend; Holds Annual Stockholders' Meeting

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Apr 20, 2010, 12:27 ET

BENTON HARBOR, Mich., April 20 /PRNewswire-FirstCall/ -- The board of directors of Whirlpool Corporation (NYSE: WHR) declared today a quarterly dividend of 43 cents per share on the company's common stock. The dividend is payable June 15, 2010, to stockholders of record at the close of business on May 21, 2010.

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Annual Meeting of Stockholders

Whirlpool Corporation held today its annual stockholders' meeting. Whirlpool stockholders elected five individuals to the board of directors. Michael F. Johnston, William T. Kerr, William D. Perez, Janice D. Stoney and Michael D. White were returned to the board for one year terms, expiring in 2011. Johnston is the former chairman of the board and chief executive officer of Visteon Corporation; Kerr is president and chief executive officer of Arbitron, Inc.; Perez is a senior advisor at Greenhill & Co.; Stoney is a former executive vice president of US West Communications Group; and White is the president and chief executive officer of DIRECTV GROUP, Inc. Stockholders also voted to approve the 2010 Omnibus Stock and Incentive Plan, and ratify the appointment of Ernst & Young LLP as Whirlpool Corporation's independent registered public accounting firm for 2010. Voting results will be reported in Whirlpool Corporation's current report on Form 8-K which will be filed with the U.S. Securities and Exchange Commission within four business days.

About Whirlpool Corporation

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $17 billion in 2009, 67,000 employees, and 67 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world. Additional information about the company can be found at http://www.whirlpoolcorp.com.

SOURCE Whirlpool Corporation