Worthington Steel (WS) Declares $0.16 Quarterly Dividend

Worthington Steel Inc. (NYSE:WS) is one of the 15 successful spin-off companies. On June 25, the company confirmed a quarterly dividend of $0.16 per common share. The dividend is payable on September 26, 2025, to shareholders of record as of the close of business on September 12, 2025.

Worthington Steel (WS) Declares $0.16 Quarterly Dividend

A conveyor belt winding its way through a steel production facility.

The quarterly dividend underscores Worthington Steel’s commitment to returning value to shareholders. However, it follows mixed fourth-quarter fiscal 2025 results whereby the company posted a 9% decline in revenue to $832.9 million. Operating income was also down to $66.4 million, compared to $67.3 million in the same quarter a year ago.

Nevertheless, Worthington Steel’s net earnings per diluted share improved to $1.10, compared to $1.06 in the same quarter a year ago. During the quarter, the company made significant progress toward closing the Sitem acquisition, which is expected to bolster its steel investments and help gain market share.

Worthington Steel Inc. (NYSE:WS) is one of the most successful companies following its spin-off from Worthington Enterprises. It has established itself as a flat-roll steel processor specializing in carbon steel and electrical steel laminations. It offers a range of services, including steel processing, tailor-welded solutions, and supply chain solutions.

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Disclosure: None. This article is originally published at Insider Monkey.