Worthington Steel, Inc.
S&P 500WS/Basic Materials · Steel/NYSE
Dividend Yield
1.59%
$0.64 · Annual Dividend
Dividend Safety Rating
WS's dividend appears safe and well-supported. Strengths include a 26.7% earnings payout ratio & 40.5% fcf payout ratio. Areas of concern: 1.8% operating margin & 9.9% gross margin.
Based on 14 of 15 metrics
Strengths
- Earnings Payout Ratio: 26.7%Low earnings payout ratio leaves room to grow the dividend.
- CFO Payout Ratio: 14.3%Operating cash flow strongly supports the payout.
- Interest Coverage: 21.9xEarnings cover interest payments many times over.
Risks
- Operating Margin: 1.8%Operating margin is thin and pressures the dividend.
- Gross Margin: 9.9%Gross margin is low and limits flexibility.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
Very SafeBalance Sheet
SafeProfitability
WarningDividend Track Record
SafeAbout Worthington Steel, Inc.
Worthington Steel, Inc. is a leading steel processing company based in Columbus, Ohio, known for its role as an independent, intermediate processor of carbon flat-rolled steel. Its primary function is to purchase steel from integrated and mini-mills, then custom-process it in terms of type, length, width, thickness, shape, and surface quality. The company specializes in advanced steel processing capabilities such as pickling, galvanizing, slitting, electrical steel laminations, and the production of tailor welded blanks. Worthington Steel’s products serve a diverse range of industries, including automotive, agriculture, construction, energy, and heavy truck manufacturing, making it a crucial link in numerous industrial supply chains. The company has a decades-long history dating back to 1955, marked by innovation, strategic acquisitions, and a commitment to operational excellence and employee engagement. As a standalone public entity since 2023, Worthington Steel prioritizes sustainable innovation and solutions that help drive steel applications forward, reinforcing its significance in the global metals and manufacturing landscape.
Dividend Overview
Dividend Yield
1.59%
Annual Dividend
$0.64
Frequency
Quarterly
Payout Ratio
26.67%
FCF Payout Ratio
40.45%
52-Week Range
$25.32 - $49.17
Dividend History (2016–2025)
WS annual dividend per share and yield history
Earnings & Profitability
WS earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 12, 2026
Next Payment Date
June 26, 2026
Dividend Growth
3-Year Dividend CAGR
N/A
5-Year Dividend CAGR
N/A
10-Year Dividend CAGR
N/A
3-Year Total Growth
N/A
5-Year Total Growth
N/A
10-Year Total Growth
N/A
Income Calculator
Frequently Asked Questions
What is WS's current dividend yield?
When is WS's next dividend payment date?
How much does WS pay in dividends per year?
Has WS been increasing its dividend?
Is WS's dividend safe?
How is WS's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track WS Dividends with OnlyDividends
What will WS actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.