Myers Industries Announces Quarterly Dividend

Rhea-AI Summary

Myers Industries, Inc. (NYSE: MYE) has announced a quarterly cash dividend of $0.135 per share. This dividend is payable on July 2, 2021, to shareholders of record as of June 18, 2021. Myers Industries is a leading manufacturer of polymer products across various markets, including industrial and automotive sectors, and is the largest distributor of tools and equipment for the tire service industry in the U.S.

Positive

• Quarterly cash dividend of $0.135 per share enhances shareholder income.
• Company demonstrates confidence in financial stability through dividend declaration.

Negative

• None.

Myers Industries, Inc. (NYSE: MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 2, 2021 to shareholders of record as of June 18, 2021.

About Myers Industries

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210604005070/en/

FAQ

What is the dividend amount and payment date for MYE?

The dividend amount is $0.135 per share, payable on July 2, 2021.

Who is eligible for the MYE dividend?

Shareholders of record as of June 18, 2021, are eligible for the dividend.

How often does Myers Industries pay dividends?

Myers Industries typically pays dividends quarterly.

Is the dividend from Myers Industries sustainable?

Sustainability of the dividend depends on the company's financial performance and cash flow.