COLUMBUS, Ohio, May 19, 2003 (BUSINESS WIRE) -- At a meeting held
on May 17, 2003, the board of directors of Worthington Industries,
Inc. (NYSE:WOR) declared a regular quarterly dividend of $0.16 per
share, payable on June 29, 2003 to shareholders of record June 15,
2003. This marks the 142nd consecutive quarter that Worthington has
paid a dividend since it became a public company in 1968.
Worthington Industries is a leading diversified metal processing
company with annual sales of approximately $2 billion. The Columbus,
Ohio, based company is North America's premier value-added steel
processor and a leader in manufactured metal products such as
automotive aftermarket stampings, pressure cylinders, metal framing,
metal ceiling grid systems and laser welded blanks. The company
employs 8,000 people and operates 61 facilities in 10 countries.
Founded in 1955, the company operates under a long-standing
corporate philosophy rooted in the golden rule, with earning money for
its shareholders as the first corporate goal. This philosophy, an
unwavering commitment to the customer, and one of the strongest
employee/employer partnerships in American industry serve as the
company's foundation.
Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor provisions
included in the Private Securities Litigation Reform Act of 1995 ("the
Act"). Statements by the company, which are not historical information
constitute "forward looking statements" within the meaning of the Act.
All forward-looking statements are subject to risks and uncertainties
which could cause actual results to differ from those projected.
Factors that could cause actual results to differ materially include
risks described from time to time in the company's filings with the
Securities and Exchange Commission.
SOURCE: Worthington Industries, Inc.