The dividend is payable on 29 December 2017, to shareholders of record 15 December 2017. This marks the 200th consecutive quarter that Worthington has paid a dividend since it became a public company in 1968.

In addition, the board of directors authorised the repurchase of up to an additional 6 828 855 of the company's common shares, increasing the total number of common shares available for repurchase to 10 million.

Worthington is a manufacturer of pressure cylinders for LNG storage.