Worthington Steel Announces Its Quarterly Dividend Payment

Worthington Steel Declares Quarterly Dividend

The board of directors of Worthington Steel, Inc. (NYSE: WS) has officially announced a quarterly dividend of $0.16 per common share. This dividend payout is scheduled for March 28, 2025, designated for shareholders registered by March 14, 2025. This commitment highlights the company's robust financial health and dedication to returning value to its shareholders.

Upcoming Conference Call for Fiscal Results

In addition to the dividend declaration, Worthington Steel will host a significant conference call to discuss its fiscal outlook. The call is set for 8:30 a.m. ET on a Thursday in mid-December 2024. Interested stakeholders can access a live webcast from the Investor Relations section of the company's website, and the recording will be available for one year following the event. This conference call aims to provide deeper insights into Worthington Steel's second-quarter results for fiscal 2025.

Conference Call Schedule

During the call, Worthington Steel executives will delve into their performance metrics, revealing strategic developments and future initiatives. Participants can join using the toll-free dial-in number, which is convenient for both domestic and international callers. Additionally, callers will need to reference the Conference ID: 5714141 to access the call. The company is eager to engage with its investors during this informative session.

About Worthington Steel

Worthington Steel (NYSE: WS) is recognized as a premier metals processor, dedicated to collaborating with customers to deliver innovative and customized solutions. The company's core expertise lies in carbon flat-roll steel processing, electrical steel laminations, and tailor-welded products, which are aligned with the pursuit of a more sustainable steel industry.

Commitment to Sustainability and Community

With a workforce of approximately 5,000 employees across 32 facilities in North America and beyond, Worthington Steel approaches its operations through a 'people-first' philosophy. The organization emphasizes sustainability in their processes, including galvanizing, pickling, configured blanking, and lightweighting. Their mission is to generate positive returns while delivering trusted solutions that enhance their customers' capabilities, open opportunities for employees, and strengthen the communities they serve.

Financial Stability and Future Growth

Worthington Steel's focus on financial stability and operational excellence plays a crucial role in their strategy for future growth. As they continue to navigate the competitive landscape of the metals processing industry, their commitment to quality and customer satisfaction remains at the forefront of their business practices.

Frequently Asked Questions

What is the amount of the quarterly dividend declared by Worthington Steel?

The board of directors of Worthington Steel has declared a quarterly dividend of $0.16 per common share.

When will the dividend be payable?

The dividend is scheduled to be paid on March 28, 2025, to shareholders of record on March 14, 2025.

What is the significance of the upcoming conference call?

The conference call will provide insights into Worthington Steel’s fiscal second quarter results, strategic developments, and future initiatives.

How can investors access the conference call?

Investors can access the call via a toll-free dial-in number and a Conference ID provided by the company.

What is the core business focus of Worthington Steel?

Worthington Steel specializes in metals processing with a focus on delivering innovative, customized steel solutions aimed at sustainability and operational excellence.

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