Worthington Steel Declares Quarterly Dividend

Rhea-AI Summary

The board of directors of Worthington Steel (NYSE: WS) has announced a quarterly dividend of $0.16 per common share. The dividend will be paid on September 27, 2024, to shareholders who are recorded as of September 13, 2024.

Additionally, Worthington Steel will conduct a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on June 27, 2024. The live webcast will be accessible via the Investor Relations section of the company's website and archived for a year.

Positive

• Declaration of a $0.16 quarterly dividend per share, indicating company profitability and shareholder income.

Negative

• None.

COLUMBUS, Ohio--(BUSINESS WIRE)-- The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 27, 2024, to shareholders of record September 13, 2024.

Worthington Steel will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at www.WorthingtonSteel.com and will be archived for one year.

Live Conference Call Schedule
Date:	Thursday, June 27, 2024
Start Time:	8:30 a.m. ET
Conference ID:	5714141
Toll-Free Dial-In Number:	888.510.2553

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About Worthington Steel

Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel’s expertise in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions are driving steel toward a more sustainable future.

As one of the most trusted metals processors in North America, Worthington Steel and its 4,600 employees harness the power of steel to advance our customers’ visions through value-added processing capabilities including galvanizing, pickling, configured blanking, specialty cold reduction, lightweighting and electrical lamination. Headquartered in Columbus, Ohio, Worthington Steel operates 32 facilities in seven states and six countries. Following a people-first Philosophy, commitment to sustainability and proven business system, Worthington Steel’s purpose is to generate positive returns by providing trusted and innovative solutions for customers, creating opportunities for employees, and strengthening its communities.

Safe Harbor Statement

Worthington Steel wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the “Act"). Statements by Worthington Steel which are not historical information constitute "forward looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks, uncertainties and impacts described from time to time in Worthington Steel’s filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240626334369/en/

Melissa Dykstra

Vice President, Corporate Communications and Investor Relations

Phone: 614-840-4144

Melissa.Dykstra@worthingtonsteel.com

Source: Worthington Steel, Inc.

FAQ

What is the dividend declared by Worthington Steel?

Worthington Steel declared a quarterly dividend of $0.16 per common share.

When is the dividend payment date for Worthington Steel?

The dividend payment date is September 27, 2024.

What is the record date for Worthington Steel's quarterly dividend?

The record date is September 13, 2024.

When will Worthington Steel discuss its fiscal fourth quarter results?

Worthington Steel will discuss its fiscal fourth quarter results on June 27, 2024, at 8:30 a.m. ET.

Where can I listen to the Worthington Steel conference call?

The conference call will be streamed live on the Investor Relations section of Worthington Steel's website and archived for one year.