Dividend Details
Calculate WOR Dividend Income
Quick Facts
- Yield: 1.43%
- Frequency: Quarterly
- Sector: Machinery
- Payout: 35%
About Worthington Enterprises, Inc
Worthington Enterprises, Inc is a dividend-paying stock.
WOR Dividend FAQ
What is WOR's current dividend yield and payout?
WOR currently yields 1.43% annually, paying $0.69 per share per year based on a share price of $56.67. This translates to $0.1716 per share per quarter. The payout ratio is 35%, which is conservative and well-covered by earnings.
How often does WOR pay dividends?
WOR distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.1716 per share.
How much does $10,000 invested in WOR pay in dividends?
A $10,000 investment in WOR at $56.67 per share buys approximately 176 shares. At the current 1.43% yield, this generates approximately $143 per year, or $12 per month in dividend income before taxes.
Is WOR's dividend sustainable?
With a payout ratio of 35%, WOR retains a significant portion of earnings for reinvestment and dividend growth, suggesting the current payout is well-covered and sustainable.
WOR Dividend Investing Guide
Worthington Enterprises, Inc (WOR) represents a compelling opportunity for dividend investors seeking dividend growth potential in their portfolios. As a machinery sector stock, WOR offers exposure to sector-specific opportunities.
Investors considering WOR should evaluate both the current yield and potential for dividend growth. The quarterly payment schedule provides regular income, while the stock's fundamentals determine long-term dividend sustainability and growth potential.
To maximize returns from WOR dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your WOR investment.