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Stock impact report

Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16 [Yahoo! Finance]

Worthington Industries, Inc. (WOR) 
Last worthington industries, inc. earnings: 3/26 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If it is predictable over a long period, even low dividend yields can be attractive. However, prior to this announcement, Worthington Steel's dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. Over the next year, EPS is forecast to expand by 26.8%. If the dividend continues along recent trends, we estimate the payout ratio will be 20%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Worthington Steel Looking back, the dividend has been stable, but the company hasn't been paying a dividend for very long so we can't be confident that the dividend will remain stable through all economic environments. The last annual payment of $0.64 was flat on the annual payment from2 years ago. We like t Show less Read more
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