Whirlpool (WHR) Suspends Dividend as Shares Decline 61%

Whirlpool (NYSE: WHR) has suspended its dividend entirely following a 61% drop in its shares over the past year. The company's market cap has decreased to approximately $2.30 billion. In Q1 2026, Whirlpool reported an EPS of -$0.56 and a Q2 EPS of -$0.21, with free cash flow consumed by approximately $1.1 billion in Q2. Given that the free cash flow guidance for the year stands at $300 million, this situation signals caution for income investors as they pursue high-yield stocks that may not be sustainable.