Whirlpool Corporation (WHR) recently announced a nickel dividend increase, which is only half of the increase provided last year. This most recent dividend increase is 5%. When you combine both increases since my purchase with the dividend reinvestment that has taken place, my next payment from WHR will be 20% higher than the first two years prior. That works out to an annualized increase of 11%. But over the past year, the dividend increase is only 7%.
While my dividend payments have increased during the time WHR has been in the nonPension portfolio, the value of each share is down during the same period.
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