Worthington Enterprises' stock surged 5.10% during intraday trading on Tuesday.
The rally followed the company's announcement of a quarterly dividend of $0.19 per share, payable in June, maintaining its long-standing tradition of returning capital to shareholders.
Investor sentiment was further buoyed by expectations of strong third-quarter earnings, with analysts forecasting higher profits and revenue compared to the same period last year. The company is scheduled to release its quarterly results after the market closes.