A Few Comments on Whirlpool Dividend Suspension - Printable Version +- Dividend Growth Forum (https://DividendGrowthForum.com) +-- Forum: Dividend Growth Investing (https://DividendGrowthForum.com/forumdisplay.php?fid=15) +--- Forum: Dividend Growth Investing (https://DividendGrowthForum.com/forumdisplay.php?fid=33) +--- Thread: A Few Comments on Whirlpool Dividend Suspension (/showthread.php?tid=2279)

A Few Comments on Whirlpool Dividend Suspension - Dividend Watcher - 05-11-2026 I posted on Whirlpool's (NYSE:WHR) decision to suspend their dividend in the dividend announcement thread. If you didn't see it, you might want to look here. To add a little color to Whirlpool's announcement of suspending their dividend beginning in Q2 of 2026 I did a little more digging into their financials: Total revenues for the quarter are down $348 million (9.6%). Management points to cost pressures and competition from Samsung & LG among other imports. Net income for Q1 was a loss of $82 million versus $79 million of profit in the year ago quarter. Total debt (LT and current portion of long term debt) is $6,121 million. LT debt/equity is 1.47 or 147%. Total Debt/Capitalization is 0.619 or 61.9% assuming Capitalization = total debt + stockholder equity. Dividends paid were only $58 million versus $79 million paid in Q1 2025. Whirlpool also issued $524 million of new shares to prop up their cash flow. In short, it looks like getting debt levels down is a major part of the Board's decision to suspend the dividend. I think it's just a reminder to check debt levels when considering investing in a company.