During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
The Whirlpool Corporation on Thursday announced its intention to enter into one or more transactions to sell up to 24 per cent of its ownership interest in Whirlpool of India Limited (Whirlpool India) in 2024.
Whirlpool of India shares are down by more than 8 per cent on Friday after the parent company announced the plans to cut its stake by up to 24 per cent.Whirlpool of India shares are down 8.83 per cent at Rs 1429 on BSE.Whirlpool Corporation on .
The Whirlpool Corporation on Thursday announced its intention to enter into one or more transactions to sell up to 24 per cent of its ownership interest in Whirlpool of India Limited (Whirlpool India) in 2024.Whirlpool currently maintains a 75 .
Whirlpool Corporation WHR revealed its intention to enter into one or more transactions to sell up to 24% of its ownership interest in Whirlpool of India…