COLUMBUS, OH, Dec 14, 2011 (MARKETWIRE via COMTEX) --The board of directors of Worthington Industries, Inc. (NYSE: WOR)
has declared a third quarter dividend of $0.12 per share. The
dividend is payable on March 29, 2012 to shareholders of record March
15, 2012. This marks the 177th consecutive quarter that Worthington
has paid a dividend since it became a public company in 1968.
Previously announced on October 3, 2011, Worthington Industries will
pay its second quarter dividend on December 29, 2011 to shareholders
of record December 15, 2011.
Worthington Industries is a leading diversified metals manufacturing
company with 2011 fiscal year sales of approximately $2.4 billion.
The Columbus, Ohio based company is North America's premier
value-added steel processor; a leader in manufactured pressure
cylinders, such as propane, oxygen and helium tanks, hand-held
torches, refrigerant and industrial tanks, camping cylinders,
compressed natural gas storage cylinders and scuba tanks; framing
systems and stairs for mid-rise buildings; steel pallets and racks;
and through joint ventures, suspension grid systems for concealed and
lay-in panel ceilings, laser welded blanks; light gauge steel framing
for commercial and residential construction; and current and past
model automotive service stampings. Worthington, including its joint
ventures employs approximately 8,500 people and operates 76
facilities in 12 countries.
Founded in 1955, the Company operates under a long-standing corporate
philosophy rooted in the golden rule. Earning money for its
shareholders is the first corporate goal. This philosophy serves as
an unwavering commitment to the customer, supplier and shareholder,
and it serves as the Company's foundation for one of the strongest
employee-employer partnerships in American industry.
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.
CONTACTS:
Cathy M. Lyttle
VP, Corporate Communications and Investor Relations
Phone: (614) 438-3077
E-mail: Email Contact
Sonya L. Higginbotham
Director, Corporate Communications
Phone: (614) 438-7391
E-mail: Email Contact
SOURCE: Worthington Industries, Inc.
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