Worthington Steel's Recent Dividend Announcement and Outlook
Worthington Steel Declares Quarterly Dividend
The board of directors of Worthington Steel, Inc. (NYSE: WS) has officially declared a quarterly dividend of $0.16 per common share. Shareholders can expect this dividend to be payable on December 27, 2024, with the record date set for December 13, 2024. This decision highlights the company's ongoing commitment to returning value to its shareholders.
Upcoming Conference Call Details
In addition to the dividend announcement, Worthington Steel is set to host a conference call to discuss its fiscal 2025 first-quarter results at 8:30 a.m. ET on Thursday, September 26, 2024. Stakeholders and interested parties can tune in via a live webcast available on the Investor Relations section of the company’s website. The call will also be archived on the site for future access.
Live Conference Call Information
To participate in the conference call, the following details are essential:
- Date: Thursday, September 26, 2024
- Start Time: 8:30 a.m. ET
- Conference ID: 5714141
- Toll-Free Dial-In Number: 888.510.2553
How to Receive Financial News
Investors and interested parties looking to stay updated on Worthington Steel’s financial news can visit the company’s Investor Relations page to subscribe to email alerts. This service will ensure that important information reaches stakeholders directly as it is released.
About Worthington Steel
Worthington Steel (NYSE: WS) positions itself as a leading metals processor specializing in bespoke solutions tailored to customers' needs. The company’s extensive expertise includes carbon flat-roll steel processing, electrical steel laminations, and tailor-welded solutions, all contributing to a more sustainable future in the steel industry.
With a workforce of approximately 5,000 employees across 32 facilities in seven states and six countries, Worthington Steel is dedicated to harnessing the power of steel to fulfill customer demands through value-added processes such as galvanizing, pickling, specialized cold reduction, and lightweight synthesis. The company embraces a people-first philosophy that prioritizes sustainability and fosters an environment of innovative problem-solving.
Safe Harbor Statement
Worthington Steel aims to utilize the Safe Harbor provisions recognized in the Private Securities Litigation Reform Act of 1995. It’s important to note that any statements that are not based on historical facts should be viewed as “forward-looking statements,” encompassing risks and uncertainties that may cause actual outcomes to deviate from projections.
Frequently Asked Questions
What is the declared dividend by Worthington Steel?
The declared dividend is $0.16 per common share.
When is the dividend payable?
The dividend is payable on December 27, 2024.
How can I participate in the upcoming conference call?
To participate, dial 888.510.2553 and use the conference ID 5714141 on September 26, 2024, at 8:30 a.m. ET.
What services does Worthington Steel provide?
Worthington Steel provides customized solutions including carbon flat-roll steel processing, electrical steel laminations, and tailor-welded products.
What is Worthington Steel's commitment to sustainability?
Worthington Steel focuses on sustainable practices and innovation in steel processing to support a more sustainable future.
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