The record on the dividend is short. Worthington Enterprises Inc. (NYSE: WOR) declared $0.20 per share on June 23, 2026, which is $0.01 or 5% above what it paid the quarter before. Payment is set for September 29, 2026, to shareholders on the register at September 15, 2026.
The raise continues a streak. The company has paid a dividend each quarter since its initial public offering in 1968.
The board appointment
Also on June 23, the directors named Brad Southern to the board. The timeline of his career, as the company laid it out, runs like this:
- Before 1999: operational, financial and strategic planning roles at MacMillan Bloedel.
- 1999: joins Louisiana-Pacific Corporation (LP).
- 2017: becomes CEO of LP.
- 2020: becomes Chairman.
- Earlier this year: retires as Chairman and CEO of LP Building Solutions.
Southern now chairs the board of the Nashville branch of the Federal Reserve Bank of Atlanta. Past directorships include GMS Inc., Astec Industries and Keller Group, as well as several nonprofit and industry groups.
Board Chairman John Blystone said Southern brings “more than 40 years of leadership experience across operations, strategy, finance and corporate governance.” In Blystone’s words, the board is “confident that his expertise will positively impact our strategies to create value and grow Worthington Enterprises.”
Results and company profile
Worthington planned to release fiscal fourth quarter results after the market closed on June 23. A conference call to go through them was scheduled for 8:30 a.m. ET on Wednesday, June 24, 2026.
The company is based in Columbus, Ohio, and has approximately 4,000 employees in North America and Europe. It started out in 1955 as Worthington Industries. Its two segments are Building Products, which includes HVAC and metal roofing components, ceilings and metal framing, and Consumer Products, which covers tools, outdoor living and celebrations.
Sources
- News & Events
- Worthington Enterprises Increases Quarterly Dividend by 5%; Adds Brad Southern to Board of Directors
