Worthington Industries, Inc. Buyback
OLI recorded this information on 3/20/2019
Worthington Industries, Inc.
Share Amount Authorized:
The board of directors of Worthington Industries, Inc. (NYSE:WOR) has declared a quarterly dividend of $0.23 per share. The dividend is payable on June 28, 2019, to shareholders of record June 14, 2019. Worthington has paid a quarterly dividend since it became a public company in 1968. In addition, the board of directors authorized the repurchase of up to an additional 6,600,000 of the Company's common shares, increasing the total number of common shares available for repurchase to 10,000,000.
Worthington Industries is a metals manufacturing company, focused on steel processing and manufactured metal products. Co. operates 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 Pressure Cylinders, which manufactures and sells filled and unfilled pressure cylinders, tanks, hand torches, well water and expansion tanks, and oil and gas equipment along with various accessories and related products for various end-use market applications.
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Hold (2.00 out of 4)
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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