<div id="readability-page-1"><p><strong>Worthington Enterprises, Inc.</strong> (NYSE:WOR - Get Free Report) declared a quarterly dividend on Tuesday, December 16th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.19 per share by the industrial products company on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, March 13th.</p><ul><li>3 Hot Software Stocks Breaking Out to New Highs</li></ul><p>Worthington Enterprises has decreased its dividend by an average of 0.1%annually over the last three years. Worthington Enterprises has a payout ratio of 21.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Worthington Enterprises to earn $3.08 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 24.7%. </p><h2>Worthington Enterprises Stock Down 3.5%</h2><p>Shares of WOR traded down $1.97 during midday trading on Wednesday, reaching $54.33. 179,986 shares of the stock were exchanged, compared to its average volume of 288,408. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 25.50 and a beta of 1.33. The company has a quick ratio of 2.24, a current ratio of 3.30 and a debt-to-equity ratio of 0.32. Worthington Enterprises has a 12-month low of $38.63 and a 12-month high of $70.91. The firm has a 50 day simple moving average of $55.66 and a 200-day simple moving average of $59.80. </p><ul><li>Put Steel In Your Portfolio With These Dividend Stocks</li></ul><p>Worthington Enterprises (NYSE:WOR - Get Free Report) last announced its quarterly earnings results on Tuesday, December 16th. The industrial products company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.06). The firm had revenue of $327.45 million during the quarter, compared to the consensus estimate of $310.60 million. Worthington Enterprises had a net margin of 8.91% and a return on equity of 17.70%. The company's quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS.  Research analysts forecast that  Worthington Enterprises will post 2.67 EPS for the current year. </p><h2>Insider Transactions at Worthington Enterprises</h2><p>In related news, Director Michael J. Endres bought 10,000 shares of Worthington Enterprises stock in a transaction that occurred on Thursday, September 25th. The stock was acquired at an average price of $52.95 per share, for a total transaction of $529,500.00. Following the completion of the purchase, the director owned 95,524 shares in the company, valued at approximately $5,057,995.80. This represents a 11.69% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own  3.40% of the company's stock. </p><h2>Institutional Trading of Worthington Enterprises</h2><ul><li>Worthington Posts Strong Results, But Earnings Fall On One-Off Adjustments</li></ul><p>Institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its position in  Worthington Enterprises by 1.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 540,040 shares of the industrial products company's stock worth $27,051,000 after purchasing an additional 6,764 shares in the last quarter.  Nuveen LLC bought a new stake in shares of  Worthington Enterprises in the 1st quarter valued at approximately $4,082,000.  Russell Investments Group Ltd. raised its holdings in shares of  Worthington Enterprises by 23.5% in the 1st quarter. Russell Investments Group Ltd. now owns 35,720 shares of the industrial products company's stock worth $1,789,000 after buying an additional 6,790 shares in the last quarter.  Ethic Inc. lifted its position in shares of  Worthington Enterprises by 50.6% during the 1st quarter. Ethic Inc. now owns 10,668 shares of the industrial products company's stock worth $537,000 after buying an additional 3,582 shares during the period.  Finally, American Century Companies Inc. lifted its holdings in shares of  Worthington Enterprises by 24.1% during the first quarter. American Century Companies Inc. now owns 821,947 shares of the industrial products company's stock valued at $41,171,000 after acquiring an additional 159,798 shares during the period. 51.59% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Worthington Enterprises</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Worthington Enterprises</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>4 Quantum Stocks to Watch as the Next Computing Revolution Unfolds</li><li>Unveiling The Power Of VWAP: A Key Indicator For Traders</li><li>Massive Breakout in Industrials: 3 Must-Watch Stocks Now</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>3 Tech Stocks Down Over 60%—Which One Is Worth Buying?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdPUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdPUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Worthington Enterprises Right Now?</h2><p>Before you consider Worthington Enterprises, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Worthington Enterprises wasn't on the list.</p><p>While Worthington Enterprises currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Worthington Enterprises, Inc. (NYSE:WOR) announced a quarterly dividend of $0.19 per share, payable on March 27th to shareholders of record on March 13th. The dividend yield is 1.4%, with an ex-dividend date of March 13th. The company has a payout ratio of 21.8% and is expected to maintain its dividend coverage with future earnings. Shares of WOR fell 3.5% to $54.33. Institutional investors have adjusted their positions, with significant holdings by Charles Schwab and American Century Companies.</p>

Worthington Enterprises, Inc. (NYSE:WOR) Plans $0.19 Quarterly Dividend