Worthington Industries, Inc. Buyback
OLI recorded this information on 3/23/2021
Worthington Industries, Inc.
Share Amount Authorized:
The board of directors of Worthington Industries, Inc. (NYSE: WOR) has declared a quarterly dividend of $0.28 per share, an increase of $0.03 per share from the prior quarter. The dividend is payable on June 29, 2021, to shareholders of record June 15, 2021. Worthington has paid a quarterly dividend since it became a public company in 1968 and this marks the 11th consecutive year the Company has increased its dividend. In addition, the board of directors authorized the repurchase of up to an additional 5,618,464 of the Company's common shares, increasing the total number of common shares available for repurchase to 10,000,000.
Worthington Industries is an industrial manufacturing company, focused on steel processing and manufactured metal products. Co. has two segments: Steel Processing, which buys coils of steel from integrated steel mills and mini-mills and processes them to the precise type, thickness, length, width, shape and surface quality required by customer specifications, and toll processes steel for steel mills, end-users, service centers and other processors; and Pressure Cylinders, which manufactures and sells filled and unfilled pressure cylinders, tanks, hand torches, tools, well water and expansion tanks, along with various accessories and related products for various end-use market applications.
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Hold (2.00 out of 4)