Worthington Steel, Inc.
S&P 1500WS/Basic Materials · Steel/NYSE
Dividend Yield
1.69%
$0.64 · Annual Dividend
Dividend Safety Rating
WS's dividend shows some areas that warrant monitoring. Strengths include a 40.8% fcf payout ratio & 16.2% cfo payout ratio. Areas of concern: 376.5% earnings payout ratio & 1.3x interest coverage.
Based on 14 of 15 metrics
Strengths
- CFO Payout Ratio: 16.2%Operating cash flow strongly supports the payout.
- Debt-to-Equity: 28.1Conservative debt level relative to equity.
- Dividend Cut: NoneNo dividend cut in recent history.
Risks
- Earnings Payout Ratio: 376.5%High earnings payout ratio leaves little safety margin.
- Interest Coverage: 1.3xInterest coverage is thin relative to debt servicing.
- Return on Equity: -1.1%Return on equity is below industry norms.
Payout & Coverage
CautionBalance 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
1.69%
Annual Dividend
$0.64
Frequency
Quarterly
Payout Ratio
376.47%
FCF Payout Ratio
40.75%
52-Week Range
$27.22 - $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
Next Ex-Dividend Date
September 15, 2026
Next Payment Date
September 29, 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
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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.