WS (Worthington Steel) Total Payout Yield % : 0.43 (As of Dec. 12, 2024)

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What is Worthington Steel Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Worthington Steel's current Total Payout Yield % is 0.43%.

Worthington Steel Total Payout Yield % Historical Data

The historical data trend for Worthington Steel's Total Payout Yield % can be seen below:

* 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.

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Worthington Steel Total Payout Yield % Chart

Worthington Steel Annual Data

Trend

May21

May22

May23

May24

Total Payout Yield %

9.68

Worthington Steel Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Payout Yield %	Get a 7-Day Free Trial						-	-	-	-	2.19

Competitive Comparison of Worthington Steel's Total Payout Yield %

For the Steel subindustry, Worthington Steel's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % 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 Steel's Total Payout Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Worthington Steel's Total Payout Yield % falls into.

Worthington Steel Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Worthington Steel's Total Payout Yield % for the fiscal year that ended in May. 2024 is calculated as

Total Payout Yield %	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Market Cap
	=	- (0	+	0.3	+	-157.9)	/	1627.446185
	=	9.68%

Worthington Steel's annualized Total Payout Yield % for the quarter that ended in Aug. 2024 is calculated as

Total Payout Yield %	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	*	Annualized Factor	/	Market Cap
	=	- (-1.6	+	0	+	-8)	*	4	/	1749.63438
	=	2.19%

Worthington Steel Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.

Worthington Steel Total Payout Yield % Related Terms

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Worthington Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » Total Payout Yield %

Comparable Companies

Traded in Other Exchanges

Z2J:Germany

Address

100 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonsteel.com

Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.