Worthington Industries Declares Quarterly Dividend
October 03 2011 - 3:01PM
Business Wire
The board of directors of Worthington Industries, Inc.
(NYSE:WOR) has declared a quarterly dividend of $0.12 per share.
The dividend is payable on December 29, 2011, to shareholders of
record December 15, 2011. This marks the 176th consecutive quarter
that Worthington has paid a dividend since it became a public
company in 1968.
Worthington Industries is a leading diversified metals
manufacturing company with 2011 fiscal year sales of approximately
$2.4 billion. The Columbus, Ohio based company is North America’s
premier value-added steel processor; a leader in manufactured
pressure cylinders, such as propane, oxygen and helium tanks,
hand-held torches, refrigerant and industrial tanks, camping
cylinders, compressed natural gas storage cylinders and scuba
tanks; framing systems and stairs for mid-rise buildings; steel
pallets and racks; and through joint ventures, suspension grid
systems for concealed and lay-in panel ceilings, laser welded
blanks; light gauge steel framing for commercial and residential
construction; and current and past model automotive service
stampings. Worthington, including its joint ventures employs
approximately 8,500 people and operates 74 facilities in 12
countries.
Founded in 1955, the Company operates under a long-standing
corporate philosophy rooted in the golden rule. Earning money for
its shareholders is the first corporate goal. This philosophy
serves as an unwavering commitment to the customer, supplier and
shareholder, and it serves as the Company’s foundation for one of
the strongest employee-employer partnerships in American
industry.
Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor
provisions included in the Private Securities Litigation Reform Act
of 1995 ("the Act"). Statements by the company 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 described from time to
time in the company's filings with the Securities and Exchange
Commission.
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