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Worthington Enterprises (Worthington Enterprises) 3-Year Dividend Growth Rate : 8.40% (As of Feb. 2024)


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What is Worthington Enterprises 3-Year Dividend Growth Rate?

Worthington Enterprises's Dividends per Share for the three months ended in Feb. 2024 was $0.32.

The historical rank and industry rank for Worthington Enterprises's 3-Year Dividend Growth Rate or its related term are showing as below:

WOR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -16.2   Med: 7.3   Max: 42.4
Current: 8.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Worthington Enterprises was 42.40% per year. The lowest was -16.20% per year. And the median was 7.30% per year.

WOR's 3-Year Dividend Growth Rate is ranked worse than
56.13% of 1110 companies
in the Industrial Products industry
Industry Median: 11.15 vs WOR: 8.40

During the past 12 months, Worthington Enterprises's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Worthington Enterprises's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.40. As of today, Worthington Enterprises's Dividend Yield % is 1.90%.

Warning Sign:

Worthington Enterprises Inc stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Worthington Enterprises's 3-Year Dividend Growth Rate

For the Metal Fabrication subindustry, Worthington Enterprises's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Worthington Enterprises's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Worthington Enterprises's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Worthington Enterprises's 3-Year Dividend Growth Rate falls into.



Worthington Enterprises 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Worthington Enterprises  (NYSE:WOR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Worthington Enterprises's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.32/ 0.8
=0.40

During the past 13 years, the highest Dividend Payout Ratio of Worthington Enterprises was 0.35. The lowest was 0.07. And the median was 0.23.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Worthington Enterprises Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-11-142023-11-152023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3102023-06-142023-06-152023-06-29Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Worthington Enterprises's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.11/58.41
=1.90 %

Current Share Price is $58.41.
Worthington Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.11.

During the past 13 years, the highest Dividend Yield of Worthington Enterprises was 7.23%. The lowest was 1.01%. And the median was 3.09%.

Warning Sign:

Worthington Enterprises Inc stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Worthington Enterprises 3-Year Dividend Growth Rate Related Terms>


Worthington Enterprises (Worthington Enterprises) Business Description

Traded in Other Exchanges
Address
200 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Enterprises Inc formerly Worthington Industries Inc is a diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinders for liquefied petroleum gas, compressed natural gas, oxygen, refrigerant, and other industrial gas storage; cylinders; helium-filled balloon kits; steel and fiberglass tanks and processing equipment primarily for the oil and gas industry; cryogenic pressure vessels for liquefied natural gas and other gas storage applications; light gauge steel framing for commercial and residential construction; and several other products. The firm's operating segments are Steel Processing, Consumer Products, Building Products and Sustainable Energy Solutions.
Executives
Kerrii B Anderson director WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Horton Ozey K Jr director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Geoffrey G Gilmore officer: President, Worthington Steel 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Eric M Smolenski officer: VP-HUMAN RESOURCES 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Catherine M Lyttle officer: Vice President-Communications 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Jeffrey R Klingler officer: President, Worthington Steel 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Mcconnell John P/oh director, officer: Chairman/Chief Exec Officer 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
B Andrew Rose officer: CFO 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Mcconnell John H Ii director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Patrick J. Kennedy officer: VP-General Counsel & Secy 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
David P Blom director 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Sidney A Ribeau director
Steven R Witt officer: Controller WORTHINGTON INDUSTRIES, INC, 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Steven M Caravati officer: President-Worthington Cylinder WORTHINGTON INDUSTRIES, INC., 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
John B Blystone director 200 OLD WILSON BRIDGE ROAD, N/A, COLUMBUS OH 43085