Worthington Enterprises, Inc. (NYSE:WOR) Declares Quarterly Dividend of $0.19

Worthington Enterprises, Inc. (NYSE:WOR) declared a quarterly dividend on Tuesday, March 24th. Investors of record on Monday, June 15th will be paid a dividend of 0.19 per share by the industrial products company on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, June 15th.

Worthington Enterprises has decreased its dividend payment by an average of 0.1%per year over the last three years. Worthington Enterprises has a dividend payout ratio of 21.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Worthington Enterprises to earn $3.08 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 24.7%.

Worthington Enterprises Stock Performance

Shares of NYSE WOR traded down $3.47 during trading on Wednesday, hitting $48.41. The company had a trading volume of 51,966 shares, compared to its average volume of 173,249. Worthington Enterprises has a 12 month low of $43.35 and a 12 month high of $70.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.26 and a current ratio of 3.26. The firm has a market capitalization of $2.40 billion, a P/E ratio of 22.61 and a beta of 1.32. The stock has a 50 day simple moving average of $54.00 and a 200 day simple moving average of $55.20.

Worthington Enterprises (NYSE:WOR) last announced its quarterly earnings data on Tuesday, March 24th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.03. The company had revenue of $378.68 million during the quarter, compared to the consensus estimate of $349.41 million. Worthington Enterprises had a return on equity of 17.70% and a net margin of 8.46%.The firm’s revenue was up 24.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 EPS. As a group, analysts anticipate that Worthington Enterprises will post 2.67 earnings per share for the current year.

More Worthington Enterprises News

Here are the key news stories impacting Worthington Enterprises this week:

• Positive Sentiment: Q3 beat — Worthington reported $0.98 EPS vs. consensus $0.95 and revenue $378.7M vs. $349.4M, with revenue up 24.4% YoY and solid margins/ROE; the print gives near‑term earnings momentum. Article Title
• Positive Sentiment: Dividend declared — Board approved a $0.19 quarterly dividend (payable June 29; record/ex‑div June 15) giving an annualized yield ~1.5%, which supports income-oriented holders and can underpin share support. Article Title
• Neutral Sentiment: Corporate disclosures — Company posted the full Q3 press release and slide deck (detailed segment results and outlook) for investors to review for guidance and backlog details; useful for modeling forward estimates. Article Title
• Neutral Sentiment: Options/ income interest — Retail pieces highlighted strategies (covered calls/ income ideas) around WOR ahead of the report, which can increase short-term trading/volatility but isn’t a fundamental driver. Article Title
• Negative Sentiment: Market reaction — Despite the beat, outlets reported the stock fell after the print, indicating investors were unimpressed by some aspects of the release or took profits after run‑up; that downward move pressured the share price. Article Title
• Negative Sentiment: Demand concerns — Pre- and post‑earnings coverage flagged consumer/ end‑market worries that may temper forward guidance or multiple expansion; investors appear focused on whether growth is durable. Article Title

Worthington Enterprises Company Profile

Worthington Enterprises (NYSE:WOR) is a diversified metal manufacturing company that produces pressure vessels, engineered assemblies and fabricated metal products. The company’s portfolio includes the design and manufacture of cylinders for compressed gases, such as propane, natural gas and hydrogen, as well as transport tanks and other pressure-containment solutions for the industrial gas, energy and transportation markets. In addition to its pressure vessel operations, Worthington Enterprises offers metal processing and distribution services, supplying coil, sheet and plate products to customers across multiple industries.

Founded in 1955 and headquartered in Columbus, Ohio, Worthington Enterprises has grown from a single steel processing facility into a multi‐division organization with operations in the United States, Canada and Mexico.