Worthington Enterprises (NYSE: WOR) saw its stock price surge 9.96% in after-hours trading on Tuesday, following the release of its fourth-quarter fiscal 2025 results that exceeded analysts' expectations and an announcement of a dividend increase.
The company reported quarterly earnings of $1.06 per share, significantly beating the analyst consensus estimate of $0.84 by 25.59%. This represents a 43.24% increase over earnings of $0.74 per share from the same period last year. Worthington's quarterly sales came in at $317.88 million, surpassing the analyst consensus estimate of $301.44 million by 5.46%.
Adding to the positive sentiment, Worthington Enterprises announced a 12% increase in its quarterly dividend to $0.19 per share. The new dividend, which represents an annual yield of about 1.3% based on Monday's closing price, will be payable on September 29 to shareholders of record on September 15. This marks another milestone for the company, which has consistently paid quarterly dividends since its initial public offering in 1968.