Whirlpool Corporation (WHR): The Dividend Cut Was So Awful, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Recently Discussed As He Commented On A “Sea Of Green”. Whirlpool Corporation (NYSE:WHR) is one of the stocks Jim Cramer recently discussed.

Whirlpool Corporation (NYSE:WHR)’s stock has lost 27% year-to-date, with the latest dip coming in July after the firm cut its 2025 midpoint profit-per-share guidance to $7 from an earlier $10, cut the dividend to $3.60 per share from $7, and guided revenue growth to flat from an earlier 3%. Cramer discussed the poor figures:

“Whirlpool, they’re hurt by the fact that the Koreans, Chinese knew that there was going to be tariffs. So they sent a lot over. Whirlpool, therefore, didn’t do the sales and they cut their dividend pretty big.

“[On whether they were supposed to be a beneficiary of America First] They were a beneficiary. We thought that, that was the point.

“[On dividend cut] Oh that was so awful. Now, by the way, I posted, this is what I’m talking about in terms of how hard it is to get information on the web, alright? So what did Perplexity say about Whirlpool? Oh my, well this is the problem with generative AI. Because they said, and I absolutely love it, dividend, Whirlpool maintained its dividend 70th year of already increasing payouts! Remains committed! There you go. They cut their dividend. And Perplexity says, their dividend’s great as ever.”

Yet, ahead of the earnings, Cramer was quite optimistic about Whirlpool Corporation (NYSE:WHR):

“Let’s talk earnings. Monday, after the close, we hear from two companies that I actually have a fascination about. One is Celestica and the other is Whirlpool… How about Whirlpool? The president’s tariffs on steel made Whirlpool’s competitors more pricey than America’s own. This stock could really fly if we get the kind of opportunity to sell unfettered, full-priced washers and dryers without the dumping of our so-called trading partners.”

While we acknowledge the potential of WHR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.