Maytag Declares Quarterly Dividend
10 Februar 2006 - 8:29PM
PR Newswire (US)
NEWTON, Iowa, Feb. 10 /PRNewswire-FirstCall/ -- Maytag Corporation
(NYSE:MYG) board of directors today declared a quarterly dividend
of 9 cents a share on the firm's common stock. In the event the
pending merger with Whirlpool is not completed prior to the record
date of March 1, 2006, the dividend is payable March 15, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO )
Maytag Corporation is a $4.9 billion home and commercial appliance
company focused in North America and in targeted international
markets. The corporation's primary brands are Maytag(R), Hoover(R),
Jenn-Air(R), Amana(R), Dixie-Narco(R) and Jade(R). Maytag
Additional Information This document includes statements that do
not directly or exclusively relate to historical facts. Such
statements are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These forward-looking statements
speak only as of this date and include statements regarding
anticipated future financial operating performance and results and
expectations as to the closing of the transaction with Whirlpool.
These statements are based on the current expectations of
management of Maytag. There are a number of risks and uncertainties
that could cause actual results to differ materially from the
forward-looking statements included in this document. For example,
with respect to the transaction with Whirlpool (1) conditions to
the closing of the transaction may not be satisfied or the merger
agreement may be terminated prior to closing; (2) Maytag may be
unable to obtain the regulatory approvals required to close the
transaction, or required regulatory approvals may delay the
transaction or result in the imposition of conditions that could
have a material adverse effect on Maytag or cause the parties to
abandon the transaction; (3) Maytag may be unable to achieve
cost-cutting goals or it may take longer than expected to achieve
those goals; (4) the transaction may involve unexpected costs or
unexpected liabilities; (5) the credit ratings of Maytag or its
subsidiaries may be different from what the parties expect; (6) the
businesses of Maytag may suffer as a result of uncertainty
surrounding the transaction; (7) the industry may be subject to
future regulatory or legislative actions that could adversely
affect Maytag; and (8) Maytag may be adversely affected by other
economic, business, and/or competitive factors. Additional factors
that may affect the future results of Maytag are set forth in its
filings with the Securities and Exchange Commission ("SEC"), which
are available at http://www.maytagcorp.com/ . Maytag undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. First Call Analyst: FCMN Contact: klynn2@maytag.com
http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO
http://photoarchive.ap.org/ DATASOURCE: Maytag Corporation CONTACT:
Media, John Daggett, Maytag Corporate Communications,
+1-641-787-7711, or Web site: http://www.maytagcorp.com/
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