Worthington Enterprises Declares Quarterly Dividend; Charles Chiappone Joins Board of Directors
Rhea-AI Summary
Worthington Enterprises (NYSE: WOR) declared a quarterly dividend of $0.19 per share, payable March 27, 2026, to shareholders of record on March 13, 2026. The company has paid a quarterly dividend since its IPO in 1968.
The board also appointed Charles (Charlie) Chiappone to the board effective immediately; his background includes senior roles at Armstrong World Industries, leadership of the Worthington Armstrong Venture (WAVE) joint venture, and CEO of Alloy Polymers. Worthington will host its fiscal second-quarter earnings call on December 17, 2025 at 8:30 a.m. ET, with results released after market close on December 16, 2025.
Positive
- Quarterly dividend of $0.19 per share declared
- Dividend payable March 27, 2026 to record holders on March 13, 2026
- Appointed Charles Chiappone to board with relevant industry and M&A experience
Negative
- None.
Market Reaction 15 min delay 7 Alerts
Following this news, WOR has declined 8.26%, reflecting a notable negative market reaction. Our momentum scanner has triggered 7 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $51.64. This price movement has removed approximately $252M from the company's valuation. Trading volume is very high at 3.9x the average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
WOR was down 1.06% with modestly elevated volume. Key peers ESAB, CMPO, ATI, CRS and PRLB also showed negative moves (e.g., CMPO -2.72%), suggesting a generally weak tape but no strong sector-wide momentum spike tied to this headline.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | Earnings call scheduling | Positive | -0.5% | Announced timing and access details for upcoming Q2 earnings call. |
| Nov 05 | Conference participation | Positive | +2.3% | Management presenting growth and shareholder value strategy at Baird conference. |
| Sep 23 | Earnings results | Positive | -1.3% | Reported strong Q1 FY26 growth, acquisition, and continued capital returns. |
| Sep 23 | Dividend declaration | Positive | -1.3% | Declared $0.19 quarterly dividend and flagged upcoming Q1 earnings call. |
| Sep 16 | ESG report | Positive | -3.6% | Released 2025 sustainability report with strong safety and ESG metrics. |
Recent news has generally been constructive, yet 4 of the last 5 items saw negative next-day moves, indicating a tendency for soft trading even on positive headlines.
Over the last six months, WOR has highlighted strategy, growth and capital returns. On Sep 23, it reported Q1 FY26 results with double-digit net sales and earnings growth and reiterated a $0.19 quarterly dividend, but shares fell 1.26%. A dividend-only release that same day also saw a -1.26% move. Participation in the Baird conference on Nov 5 coincided with a 2.28% gain, while sustainability achievements on Sep 16 and the Dec 2 earnings-call scheduling both preceded mild declines. The current dividend-and-board update fits this pattern of fundamentally positive but mixed trading reactions.
Market Pulse Summary
The stock is down -8.3% following this news. A negative reaction despite the steady $0.19 dividend and a seasoned new director would fit WOR’s history of occasionally soft trading after constructive headlines. Investors may have focused on broader sector weakness or preferred to wait for the upcoming earnings release and guidance before re‑rating the shares. The stock’s position below its 52-week high and recent mixed responses to positive news suggest that sentiment can remain cautious around otherwise supportive updates.
AI-generated analysis. Not financial advice.
COLUMBUS, Ohio, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Worthington Enterprises Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of
The board of directors also appointed Charles (Charlie) Chiappone as its newest member effective immediately. Chiappone retired from Armstrong World Industries Inc. in 2022 as senior vice president of the Ceiling and Wall Solutions business. Previously, he served as chief executive officer of Worthington Armstrong Venture (WAVE), which is the suspended ceiling systems joint venture between Worthington Enterprises and Armstrong, and president and chief executive officer of global plastics manufacturer Alloy Polymers. He is a veteran of the United States Marine Corps.
John Blystone, chairman of the board, Worthington Enterprises, said, “We are pleased to welcome Charlie to the Worthington Enterprises board. In addition to his familiarity with our business and culture from his time with Armstrong and WAVE, he brings highly respected perspectives on innovation, transformation and M&A that will help inform our growth strategies as we create value for our shareholders.”
Worthington Enterprises, a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences, will hold its quarterly earnings conference call tomorrow, December 17 at 8:30 a.m. ET. The company will discuss its fiscal second quarter results, which will be released later today after the market closes.
Please click here to register for tomorrow's live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the company’s website approximately two hours after the completion of the call and will be archived for one year.
| LIVE CONFERENCE CALL DETAILS | |
| Date: | Wednesday, December 17, 2025 |
| Webcast Link: | https://events.q4inc.com/attendee/307975816 |
| Starting Time: | 8:30 a.m. ET |
| Conference ID: | 1777337 |
| Domestic Participants: | 888-330-3567 |
About Worthington Enterprises
Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences. The company operates with two primary business segments: Building Products and Consumer Products. The Building Products segment includes heating and cooling, cooking, construction and water solutions, and building systems including HVAC components, architectural and acoustical grid ceilings and metal framing and accessories. The Consumer Products segment provides solutions for the tools, outdoor living and celebrations categories. Product brands within the Worthington Enterprises portfolio include Balloon Time®, Bernzomatic®, Coleman® (propane cylinders), CoMet®, Elgen, Garden Weasel®, General®, HALO™, Hawkeye™, LEVEL5 Tools®, Mag Torch®, NEXI™, Pactool International®, PowerCore™, Ragasco®, Well-X-Trol® and XLite™, among others.
Headquartered in Columbus, Ohio, Worthington Enterprises and its joint ventures employ approximately 6,000 people throughout North America and Europe.
Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Worthington Enterprises achieves this outcome by empowering its employees to innovate, thrive and grow with leading brands in attractive markets that improve everyday life. The company engages deeply with local communities where it has operations through volunteer efforts and The Worthington Companies Foundation, participates actively in workforce development programs and reports annually on its corporate citizenship and sustainability efforts. For more information, visit worthingtonenterprises.com.
Forward-Looking Statements
Statements by Worthington Enterprises that are not limited to historical information constitute “forward-looking statements” under federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from those expected by Worthington Enterprises. Readers should evaluate forward-looking statements in the context of such risks, uncertainties and other factors, many of which are described in Worthington Enterprises’ filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements are qualified by the cautionary statements included in Worthington Enterprises’ SEC filings and other public communications. This press release speaks only as of the date hereof. Worthington Enterprises does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.
Sonya L. Higginbotham
Senior Vice President
Chief of Corporate Affairs, Communications and Sustainability
614.438.7391
sonya.higginbotham@wthg.com
Marcus A. Rogier
Treasurer and Investor Relations Officer
614.840.4663
marcus.rogier@wthg.com
200 Old Wilson Bridge Rd.
Columbus, Ohio 43085
WorthingtonEnterprises.com
FAQ
What dividend did Worthington Enterprises (WOR) declare on December 16, 2025?
When is the WOR dividend payable and what is the record date?
Who is Charles Chiappone and when did he join the Worthington Enterprises board (WOR)?
When will Worthington Enterprises (WOR) discuss its fiscal second-quarter results?
How long has Worthington Enterprises (WOR) paid a quarterly dividend?
Where can investors access the Worthington (WOR) earnings webcast and replay?
