NEW YORK ( TheStreet) -- The ex-dividend date for Worthington Industries (NYSE: WOR) is tomorrow, December 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $17.06 as of 9:30 a.m. ET, the dividend yield is 2.8%.

The average volume for Worthington has been 720,400 shares per day over the past 30 days. Worthington has a market cap of $1.18 billion and is part of the basic materials sector and metals & mining industry. Shares are down 4.7% year to date as of the close of trading on Friday.

Worthington Industries, Inc. operates as a diversified metals processing company focusing on steel processing and manufactured metal products in the United States, Canada, and Europe. The company has a P/E ratio of 10.6, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Worthington as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Worthington Ratings Report.

See our dividend calendar or top-yielding stocks list.
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