Worthington Enterprises, Inc. (NYSE:WOR – Get Free Report) declared a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, December 15th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, December 29th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, December 15th.
Worthington Enterprises has decreased its dividend by an average of 0.1%annually over the last three years. Worthington Enterprises has a payout ratio of 22.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Worthington Enterprises to earn $4.20 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 19.0%.
Worthington Enterprises Stock Up 1.9%
Shares of WOR traded up $1.12 during midday trading on Wednesday, hitting $60.06. The company had a trading volume of 742,860 shares, compared to its average volume of 236,018. The stock has a market cap of $2.94 billion, a price-to-earnings ratio of 19.25 and a beta of 1.30. The company’s 50 day moving average price is $57.56 and its 200 day moving average price is $55.47. The company has a quick ratio of 1.43, a current ratio of 2.37 and a debt-to-equity ratio of 0.30. Worthington Enterprises has a 52 week low of $45.01 and a 52 week high of $67.54.
Key Stories Impacting Worthington Enterprises
Here are the key news stories impacting Worthington Enterprises this week:
- Positive Sentiment: Worthington Enterprises reported quarterly earnings of $0.82 per share, up from $0.74 a year earlier and above the $0.74–$0.75 consensus estimates. Revenue rose 13.2% year over year to $343.9 million, surpassing analysts’ $331.3 million forecast. The earnings and sales beat drove the stock’s advance. Worthington Enterprises Reports First Quarter Fiscal 2027 Results
- Positive Sentiment: Investor coverage characterized the quarter as strong, with reports highlighting higher sales and profit and identifying WOR as one of the day’s notable stock movers. The company posted a 16.79% return on equity and an 11.30% net margin, supporting the positive reaction. Worthington Shares Surge on Higher Sales, Profit
- Positive Sentiment: The board declared a quarterly dividend of $0.20 per share, payable December 29, 2026, to shareholders of record December 15. The dividend represents an annualized payout of approximately $0.80 per share and a yield of about 1.4%, adding shareholder-return support. Worthington Enterprises Declares Quarterly Dividend
- Neutral Sentiment: Worthington Enterprises also recognized three retiring directors. The leadership transition has not been reported as affecting the company’s earnings outlook. Dividend and Director Announcement
About Worthington Enterprises
Worthington Enterprises, Inc (NYSE: WOR) is a diversified manufacturer and branded products company focused primarily on consumer and building-product markets. The company develops, manufactures and markets products used by consumers, contractors and other professional customers.
Its consumer products activities include outdoor living, lawn and garden, tools and related products. Its portfolio has included brands such as Bernzomatic, Balloon Time, Mag-Torch and General Tools, although its product portfolio may change as the company manages its businesses and brands.
Worthington Enterprises also participates in the building-products industry, supplying products used in commercial and residential construction.
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