Exciting Developments at Worthington Enterprises and Dividend News
Quarterly Dividend Declared by Worthington Enterprises
The Worthington Enterprises Inc. (NYSE: WOR) Board of Directors is thrilled to announce a quarterly dividend of $0.17 per share. This strong commitment to its shareholders continues as the dividend is payable soon, fortifying the company’s long-standing tradition of delivering consistent returns since going public.
New Member Joins the Board of Directors
In an exciting development, Brant Standridge has officially joined the board as a new member. He brings a wealth of experience from his role as senior executive vice president at Huntington National Bank, where he oversees various banking operations. His deep understanding of consumer behavior and trends positions him as an invaluable asset for Worthington Enterprises.
Insights from the Board Chairman
John Blystone, the chairman of the board, expressed enthusiasm about Brant Standridge's inclusion, recognizing his impressive career and expertise in mergers and acquisitions. Blystone emphasized that Standridge's insights will be immensely beneficial as the company seeks to expand its reach and enhance shareholder value.
Quarterly Earnings Conference Call
Worthington Enterprises is set to hold its quarterly earnings conference call shortly. During this call, key financial results will be discussed, showcasing the company’s performance over the third fiscal quarter. This presentation will provide valuable information for investors and stakeholders alike.
How to Participate in the Conference Call
Interested participants can join the earnings call via a live audio webcast, a platform designed to facilitate broad engagement. Those who cannot attend live should not worry; an archived version will be accessible for approximately one year after the event.
About Worthington Enterprises
At its core, Worthington Enterprises (NYSE: WOR) is renowned for designing and manufacturing a portfolio of market-leading brands that enable individuals to lead safer, healthier, and more expressive lives. The company operates primarily through two business segments: Building Products and Consumer Products.
Product Categories and Innovations
The Building Products division includes essential solutions for cooking, heating, and water management, along with innovative architectural products. Meanwhile, the Consumer Products segment caters to various needs in outdoor living, tools, and event solutions. Brands like Balloon Time®, Bernzomatic®, and Coleman® are just a few highlights of the diverse offerings available to consumers.
A Commitment to Community and Sustainability
Headquartered in Columbus, Ohio, Worthington Enterprises not only focuses on market success but also champions community involvement and sustainability. The company employs about 6,000 people across North America and Europe, reflecting its commitment to creating job opportunities and driving economic growth.
Philosophy of Innovation and Growth
Founded in 1955, Worthington Enterprises has a people-first philosophy, placing significant emphasis on empowering its employees. This approach encourages innovation and efficiency while keeping the interests of shareholders at the forefront. Community engagement further underscores the company's values. Through active participation in various programs, it aims to create a positive impact.
Contact Information
If you have any inquiries or require further information about Worthington Enterprises, please reach out to Sonya L. Higginbotham, Senior Vice President of Corporate Affairs, Communications, and Sustainability, at 614.438.7391 or via email.
For investor-related questions, Marcus A. Rogier, Treasurer and Investor Relations Officer, is available at 614.840.4663 or via email as well.
Frequently Asked Questions
What is the recent dividend declared by Worthington Enterprises?
The company declared a quarterly dividend of $0.17 per share.
Who has joined the Board of Directors?
Brant Standridge has been appointed as the newest member of the Board of Directors.
What are the main product segments of Worthington Enterprises?
The company operates through Building Products and Consumer Products sectors.
When will the quarterly earnings call take place?
The quarterly earnings conference call is scheduled for March 26, after the market closes.
How can shareholders register for the earnings call?
Shareholders can register for the earnings call via the provided webcast link or access the archived version afterward.
About The Author
Contact Addison Perry privately here. Or send an email with ATTN: Addison Perry as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.