COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 2, 2009--
After reviewing relevant factors, effective March 2, 2009, the board of
directors of Worthington Industries (NYSE: WOR) declared a regular
quarterly dividend of $0.17 per share, payable on March 29, 2009, to
shareholders of record March 15, 2009. This payment marks the 165th
consecutive quarter that Worthington has paid a dividend since it became
a public company in 1968. The board of directors will evaluate all
relevant factors each quarter and make a decision regarding the
sustainability of the dividend.
Worthington Industries is a leading diversified metal processing company
with annual sales of approximately $3 billion. The Columbus, Ohio, based
company is North America’s premier value-added steel processor and a
leader in manufactured metal products such as metal framing, metal
ceiling grid systems, pressure cylinders, automotive past model service
stampings and laser welded blanks. The company employs approximately
7,000 people and operates 66 facilities in 10 countries.
Founded in 1955, the company operates under a long-standing corporate
philosophy rooted in the golden rule, with earning money for its
shareholders as the first corporate goal. This philosophy, an unwavering
commitment to the customer, and one of the strongest employee/employer
partnerships in American industry serve as the company’s foundation.
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.
Source: Worthington Industries, Inc.
Worthington Industries, Inc.
Media Contact:
Cathy M. Lyttle,
614-438-3077
VP, Corporate Communications
cmlyttle@WorthingtonIndustries.com
or
Investor
Contact:
Allison M. Sanders, 614-840-3133
Director, Investor
Relations
asanders@WorthingtonIndustries.com