Worthington Industries Declares Quarterly Dividend
COLUMBUS, Ohio--The board of directors of Worthington Industries, Inc. has declared a quarterly dividend of $0.10 per share. The dividend is payable on March 29, 2010, to shareholders of record March 15, 2010. This marks the 169th consecutive quarter that Worthington has paid a dividend since it became a public company in 1968.
Worthington Industries is a diversified metals manufacturing company with 2009 fiscal year sales of $2.6 billion. Based in Columbus, Ohio, the Company is North America’s premier value added steel processor; the world’s leading manufacturer of pressure cylinders including propane tanks for gas grills and camping, oxygen, helium and scuba tanks, hand torches, and industrial and LP gas applications; and the leading manufacturer of metal framing and ceiling grid systems for commercial and residential construction. The Company also produces current and past model automotive stampings, steel pallets and racks and laser welded blanks. Worthington employs approximately 6,300 people and operates 65 facilities in 11 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.