Worthington Enterprises Declares $0.19 Quarterly Dividend
Worthington Enterprises (NYSE: WOR), a designer and manufacturer of building and consumer products, declared a quarterly cash dividend of $0.19 per share. The company has maintained its quarterly dividend tradition since its initial public offering in 1968.
Worthington Enterprises Inc. (NYSE: WOR), a designer and manufacturer of building and consumer products, declared a quarterly cash dividend of $0.19 per share on March 24, 2026. The dividend will be paid on June 29, 2026, to shareholders of record on June 15, 2026. Read more dividend announcements.
The Columbus, Ohio-based company has maintained an unbroken record of quarterly dividend payments since its initial public offering in 1968, representing 58 consecutive years of distributions to shareholders.
| Dividend Details | Information |
|---|---|
| Amount | $0.19 per share |
| Record Date | June 15, 2026 |
| Payment Date | June 29, 2026 |
| Declaration Date | March 24, 2026 |
| Frequency | Quarterly |
Recent Financial Performance
The dividend declaration came alongside the company's fiscal 2026 third quarter results for the period ended February 28, 2026. Net sales reached $378.7 million, a 24% increase from the prior year quarter. Net earnings rose 15% to $45.1 million, while adjusted net earnings climbed 7% to $48.5 million.
Earnings per share on a fully-diluted basis improved to $0.92 from $0.79 per share in the year-ago quarter. Adjusted earnings per share increased to $0.98 from $0.91 per share. Operating cash flow grew 8% to $61.9 million, and free cash flow advanced 8% to $48.1 million.
Capital Allocation Activity
During the third quarter, Worthington Enterprises repurchased 100,000 common shares for $5.4 million. The company has 4,915,000 common shares remaining available for repurchase under its existing authorization.
The company also completed the acquisition of LSI Group on January 16, 2026, for approximately $205.0 million. LSI is a manufacturer of standing seam metal roof clips and retrofit components in the commercial metal roof market.
Worthington Enterprises designs and manufactures building and consumer products that serve residential, commercial, and industrial markets.