Worthington Industries, Inc., a public company established in 1968, has recently announced a development for its shareholders. Worthington Industries's board of directors has declared a quarterly dividend increase of $0.01 per share, reflecting a 3% growth compared to the previous quarter. This remarkable milestone demonstrates Worthington's commitment to delivering value to its investors.

‍

Quarterly Dividend Increase

Worthington Industries, Inc. has declared a quarterly dividend of $0.32 per share, up by $0.01 from the prior quarter. This 3% increase showcases Worthington Industries's dedication to providing enhanced returns to its shareholders. By boosting the dividend, Worthington aims to reward its investors and instill confidence in Worthington Industries's financial stability and growth prospects.

‍

Consistent Dividend Growth

With this recent dividend increase, Worthington Industries has continued its impressive track record of dividend growth. For 13 consecutive years, Worthington Industries has consistently raised its dividend, underlining its strong financial performance and commitment to generating value for its shareholders. This unwavering dedication sets Worthington apart as a reliable and trustworthy investment option.

‍

Dividend Payment and Record Date

The increased dividend will be payable on September 29, 2023, to all shareholders of record as of September 15, 2023. This timeline provides investors with a clear understanding of when they can expect to receive their dividend payouts. Shareholders who hold Worthington stock as of the record date will be eligible to receive the increased dividend, further incentivizing long-term investment in Worthington Industries.