Worthington (WOR) Raises Qtr. Dividend 20% to $0.12, Yielding 2.3%; Authorizes 10M Share Buyback Plan
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Price: $58.16 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
Revenue Growth %: +9.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
Revenue Growth %: +9.2%
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Worthington Industries, Inc. (NYSE: WOR) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. This is a 20% increase from the prior dividend of $0.10.
The dividend will be payable on September 29, 2011, to stockholders of record on September 15, 2011, with an ex-dividend date of September 13, 2011.
The annual yield on the dividend is 2.3 percent.
The company's Board also authorized a 10 million share buyback program.
The dividend will be payable on September 29, 2011, to stockholders of record on September 15, 2011, with an ex-dividend date of September 13, 2011.
The annual yield on the dividend is 2.3 percent.
The company's Board also authorized a 10 million share buyback program.
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