Worthington Enterprises raises dividend 5%, adds board member

Worthington Enterprises Inc. (NYSE: WOR) declared a quarterly dividend of $0.20 per share, an increase of $0.01 per share, or 5%, from the prior quarter. The dividend is payable on September 29, 2026, to shareholders of record as of September 15, 2026. The company has paid a quarterly dividend since its initial public offering in 1968.

The Columbus, Ohio-based company also appointed Brad Southern to its board of directors. Southern retired earlier this year as Chairman and Chief Executive Officer of Louisiana-Pacific Corporation Building Solutions. He joined Louisiana-Pacific in 1999, became CEO in 2017, and was named Chairman in 2020. Before Louisiana-Pacific, he held operational, financial, and strategic planning roles at MacMillan Bloedel.

Southern currently serves as Chairman of the Nashville branch of the Federal Reserve Bank of Atlanta. He previously served on the boards of GMS Inc., Astec Industries, and Keller Group.

Board Chairman John Blystone said, "Brad brings our board of directors more than 40 years of leadership experience across operations, strategy, finance and corporate governance."

Worthington Enterprises manufactures products across two segments: Building Products and Consumer Products, and employs approximately 4,000 people across North America and Europe.

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