JamesBrey
In this article I will outline why Whirlpool’s (NYSE:WHR) dividend yield is a tool that can help you decide when to buy the stock. Many of you are familiar with the products that Whirlpool sells. Whirlpool operates in the
Whirlpool Dividend Yield Says Now Is A Good Time To Buy
Summary
- Whirlpool's dividend yield of 6.78% is rare and historically signals a strong buy opportunity, as seen in 2009 and near 2020.
- WHR's dividend is safe, with a payout ratio of 43% and ample free cash flow coverage, despite a SeekingAlpha rating of D.
- Management's confidence in maintaining dividends and benefiting from housing shortages further supports WHR's investment appeal.
- WHR's high yield and potential for capital appreciation make it a compelling addition to my income portfolio.
As an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement. I am interested in trading both long and short; or at least using inverse ETFs, to take advantage of market declines. Having long term and short term trading strategies, proper execution of my trading plan, and absolute investing results are my goals. I see my articles as a way to keep me focused on developing winning trades. I also expect to learn much from the feedback that is provided in the comments section.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in WHR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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