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Worthington Enterprises, Inc. designs and manufactures branded products through two primary segments: Building Products and Consumer Products. Building Products includes cooking, heating, cooling and water solutions, architectural and acoustical grid ceilings, metal framing and related accessories. Consumer Products includes tools, outdoor living and celebrations products, with brands such as Balloon Time, Bernzomatic, Coleman propane cylinders, Garden Weasel, LEVEL5 Tools, Mag Torch, Ragasco and Well-X-Trol.
Recurring company updates address quarterly operating results, earnings calls, investor presentations, dividend declarations, capital-structure matters and governance changes. The company also reports on segment performance, brand portfolio activity, shareholder voting matters and business-system initiatives tied to innovation, transformation and M&A.
Worthington Industries announced that B. Andrew (Andy) Rose will succeed John P. McConnell as President and CEO, effective September 1, 2020. McConnell, who has led the company for over 27 years, will remain with Worthington as Executive Chairman. Rose, a member of the leadership team since 2008, is expected to carry forward the company's people-first philosophy and strategic initiatives. Under McConnell’s leadership, Worthington has focused on steel businesses and expanded through acquisitions, including 20 over the past decade. The company also has a strong track record of returning value to shareholders.
Worthington Industries (NYSE: WOR) has declared a quarterly dividend of $0.25 per share, marking a $0.01 increase from the previous quarter. This dividend will be paid on September 29, 2020, to shareholders on record by September 15, 2020. Worthington has consistently increased its dividend for 10 years and has paid dividends since going public in 1968. The company operates 56 facilities across 15 states and six countries, focusing on innovative solutions across multiple industries.
Worthington Industries, Inc. (NYSE: WOR) will announce its fourth quarter and year-end results on June 25, 2020. A live webcast of the discussion will occur at 10:30 a.m. ET, available for one year on the company's website. Worthington is a leading industrial manufacturer with diverse solutions across various sectors, including transportation and energy. With 56 facilities in 15 states and six countries, the company employs around 8,000 people and aims to deliver shareholder value. The firm emphasizes a people-first philosophy, continually seeking transformation and progress.