Worthington Industries Inc

NYSE WOR

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Worthington Industries Inc Dividend Payout Ratio for the year ending May 31, 2023: 23.09%

Worthington Industries Inc Dividend Payout Ratio is 23.09% for the year ending May 31, 2023, a 53.12% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
  • Worthington Industries Inc Dividend Payout Ratio for the year ending May 31, 2022 was 15.08%, a 106.02% change year over year.
  • Worthington Industries Inc Dividend Payout Ratio for the year ending May 31, 2021 was 7.32%, a -89.17% change year over year.
  • Worthington Industries Inc Dividend Payout Ratio for the year ending May 31, 2020 was 67.63%, a 98.30% change year over year.
  • Worthington Industries Inc Dividend Payout Ratio for the year ending May 31, 2019 was 34.10%, a 29.35% change year over year.
NYSE: WOR

Worthington Industries Inc

CEO Mr. John P. McConnell
IPO Date March 26, 1990
Location United States
Headquarters 200 Old Wilson Bridge Road, Columbus, OH, United States, 43085
Employees 5,000
Sector Industrials
Industry Metal fabrication
Description

Worthington Enterprises, Inc. operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors. The Consumer Products segment provides products in the tools, outdoor living, and celebrations end markets. Its products include propane-filled cylinders for torches, camping stoves and other applications, LPG cylinders, handheld torches, helium-filled balloon kits, specialized hand tools and instruments, and drywall tools and accessories This segment sells its products primarily to mass merchandisers, retailers, and distributors under the Coleman, Bernzomatic, Balloon Time, Mag-Torch, General, Garden-Weasel, Pactool International, Hawkeye, Worthington Pro Grade, and Level5 brands. The Sustainable Energy Solutions segment sells onboard fueling systems and services, as well as gas containment solutions and services for storage, transport, and distribution of industrial gases. It includes high pressure and acetylene cylinders for life support systems and alternative fuel cylinders used to hold CNG and hydrogen for automobiles, buses, and light-duty trucks. The company was formerly known as Worthington Industries, Inc. Worthington Enterprises, Inc. was founded in 1955 and is headquartered in Columbus, Ohio.

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StockViz Staff

September 20, 2024

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