Worthington's 15-Minute Chart Displays KDJ Golden Cross, Bullish Marubozu Pattern

On July 11, 2025 at 12:45, Worthington's 15-minute chart triggered a KDJ Golden Cross and a Bullish Marubozu. This indicates a shift in the momentum of the stock price towards an upward trend and suggests potential for further gains. The dominance of buyers in the market is likely to continue, and bullish momentum is expected to persist.

Several prominent financial institutions have announced significant dividend increases following their successful completion of the Federal Reserve's 2025 bank stress tests. This trend, while primarily seen among major U.S. banks, also includes Worthington Industries Inc. (NYSE: WOR), a non-banking stock that has recently increased its dividend by a substantial 12%.

Bank Dividend Increases

1. State Street (NYSE: STT): The company passed the Fed's stress test, with its Stress Capital Buffer (SCB) well below the 2.5% floor, indicating resilience. State Street announced an 11% increase in its Q3 dividend, moving the payment to $0.84 per share [1].

2. The Goldman Sachs Group (NYSE: GS): Goldman Sachs expects its SCB requirement to be 3.4%, meaning it needed a larger buffer than State Street to meet its capital requirements in a severe scenario. Despite this, Goldman Sachs announced a 33% increase in its quarterly dividend, raising it to $4 per share [1].

3. Bank of New York Mellon (NYSE: BK): The company's SCB was also below the 2.5% floor, placing it in the same resilient category as State Street. Bank of New York Mellon announced a 13% increase in its quarterly dividend, raising it to $0.53 per share [1].

Worthington Industries Inc. (NYSE: WOR)

Worthington Industries Inc., a manufacturer of pressurized tanks, declared a 12% increase in its quarterly dividend on June 24, raising the payment to $0.19 per share. This dividend is payable on September 29 to shareholders of record at the close of business on September 15. The increased dividend gives the stock an indicated dividend yield of 1.2%.

Market Implications

The dividend increases among these companies reflect their strong performance and resilience during the recent stress tests. These announcements are likely to boost investor confidence and provide additional income for shareholders. The market's reaction to these announcements will be closely watched, particularly for any potential impact on the overall financial sector.

Technical Analysis of Worthington Industries

On July 11, 2025, at 12:45, Worthington's 15-minute chart triggered a KDJ Golden Cross and a Bullish Marubozu. This indicates a shift in the momentum of the stock price towards an upward trend and suggests potential for further gains. The dominance of buyers in the market is likely to continue, and bullish momentum is expected to persist.

Conclusion

The recent dividend increases among stress-test-passing banks and Worthington Industries Inc. are positive signs of financial health and resilience. These announcements are likely to benefit shareholders and contribute to investor confidence in the financial sector.

References

[1] https://www.investing.com/analysis/top-4-dividend-raisers-poststress-test-banks-and-one-surprising-stock-200663427