Worthington Industries(NYSE:WOR) Declares Dividend of $0.2000.

Worthington Industries (NYSE:WOR) had declared a cash dividend of $0.2000 on Jun 29, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Jun 29, 2016 share price, the yield comes out to be 2.1645%. The dividend payable date has been fixed on Sep 29, 2016.

In a different note, On Jun 10, 2016, Jefferies said it Maintains its rating on Worthington Industries. In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Hold’ by the firm.

Worthington Industries (WOR) shares turned negative on Fridays trading session with the shares closing down -0.29 points or -0.69% at a volume of 11,08,115. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $43.94. The peak price level was also seen at $43.94 while the days lowest was $41.9. Finally the shares closed at $42.01. The 52-week high of the shares is $43.94 while the 52-week low is $21.1. According to the latest information available, the market cap of the company is $2,624 M.

Worthington Industries(WOR) last announced its earnings results on Jun 29, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $714.67M. Analysts had an estimated revenue of $713.61M. Earnings per share were $0.87. Analysts had estimated an EPS of $0.62.

Several Insider Transactions has been reported to the SEC. On Apr 29, 2016, Dale T Brinkman (VP-Admin & Secretary) sold 11,500 shares at $37.73 per share price.Also, On Feb 18, 2016, John G Lamprinakos (President, Engineered Cabs) sold 5,063 shares at $30.00 per share price.On Feb 5, 2016, Andrew J Billman (Pres., Worthington Cylinders) sold 63,000 shares at $29.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Worthington Industries Inc. is a diversified metals manufacturing company. The Company’s segments include Steel Processing Pressure Cylinders Engineered Cabs and Other. The Company’s Steel Processing segment consists of the Worthington Steel business unit Precision Specialty Metals Inc. and Worthington Steelpac Systems LLC and also includes two consolidated joint ventures: Spartan Steel Coating LLC which operates a cold-rolled hot dipped galvanizing line in Monroe Michigan and TWB Company L.L.C. which operates a laser welded blank business. Its Pressure Cylinders segment consists of Worthington Cylinders business unit and three consolidated joint ventures: Worthington Nitin Cylinders Limited Worthington Aritas Basincli Kaplar Sanayi and dHybrid Systems LLC. Its Engineered Cabs segment consists of the Worthington Industries Engineered Cabs business unit. Its Other segment includes the Construction Services and Worthington Energy Innovations (WEI) operating segments.

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