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Worthington Enterprises Announces Exciting Dividend Update

Worthington Enterprises Announces Exciting Dividend Update

Worthington Enterprises Declares Quarterly Dividend

COLUMBUS, Ohio — Worthington Enterprises, Inc. (NYSE: WOR) has recently made an announcement that will undoubtedly interest its shareholders. The Company’s Board of Directors declared a quarterly dividend of $0.17 per share. This dividend is set to be distributed on March 28, 2025, to all shareholders recorded by March 14, 2025. Impressively, this marks a remarkable legacy, as Worthington has consistently paid quarterly dividends since its inaugural public offering back in 1968.

Focus on Earnings and Future Directions

In addition to the dividend announcement, Worthington Enterprises will be hosting its quarterly earnings conference call scheduled for tomorrow at 8:30 a.m. ET. During this call, the Company plans to discuss their fiscal second quarter results, which will be revealed shortly after the market closes today. This proactive engagement with their investors reflects the Company’s commitment to transparency and communication.

Live Conference Call Details

For those interested in tuning into the live conference call, the details are as follows:

  • Date: Wednesday, December 18, 2024
  • Starting Time: 8:30 a.m. ET
  • Conference ID: 1777337
  • Domestic Participants Dial-In: 888-330-3567

The live webcast can be accessed at this link. For those unable to listen live, a replay will be available in the Investors section of the Company’s website approximately two hours after the call concludes.

About Worthington Enterprises

Worthington Enterprises (NYSE: WOR) is a renowned designer and manufacturer committed to producing market-leading brands that enhance safety, health, and expressiveness in daily life. The Company operates through two core segments: Building Products and Consumer Products. The Building Products segment encompasses a wide array of solutions including cooking, heating, cooling products, as well as architectural innovations. Meanwhile, the Consumer Products segment focuses on tools, outdoor living, and celebration categories.

Product Portfolio and Commitment

Among the notable brands within its portfolio are Balloon Time®, Bernzomatic®, and Coleman®. The Company is also actively engaged in the fast-evolving global hydrogen ecosystem, showcasing its capabilities through a joint venture dedicated to on-board fueling systems and gas containment solutions.

With its head office located in Columbus, Ohio, Worthington Enterprises employs around 6,000 individuals across North America and Europe, contributing greatly to local economies and job creation.

Philosophy and Community Engagement

Founded in 1955 as Worthington Industries, the Company embraces a people-first philosophy, aiming to generate profits for its shareholders while nurturing employee innovation and growth. Worthington Enterprises emphasizes community involvement through volunteer work and initiatives led by The Worthington Companies Foundation. Furthermore, the Company is actively involved in workforce development and annual sustainability reporting efforts, reflecting its commitment to positive societal impacts.

Contact Information

If you have further inquiries, please reach out to:

Sonya L. Higginbotham
Senior Vice President
Chief of Corporate Affairs, Communications and Sustainability
(614) 438-7391
sonya.higginbotham@wthg.com

Marcus A. Rogier
Treasurer and Investor Relations Officer
(614) 840-4663
marcus.rogier@wthg.com

200 West Old Wilson Bridge Rd.
Columbus, Ohio 43085
WorthingtonEnterprises.com

Frequently Asked Questions

What is the recent dividend declared by Worthington Enterprises?

Worthington Enterprises declared a quarterly dividend of $0.17 per share, payable on March 28, 2025.

When is the quarterly earnings call scheduled?

The earnings conference call is scheduled for December 18, 2024, at 8:30 a.m. ET.

How long has Worthington Enterprises been paying dividends?

The Company has consistently paid dividends since its initial public offering in 1968.

What business segments does Worthington operate?

Worthington operates in two primary segments: Building Products and Consumer Products.

How can investors access the earnings call?

Investors can access the call live through a webcast link provided by the Company.

About The Author

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.

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