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Myers Industries Announces Quarterly Dividend

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Rhea-AI Summary

Myers Industries, Inc. (NYSE: MYE) has announced a quarterly cash dividend of $0.135 per share, scheduled for payment on January 5, 2021, to shareholders of record as of December 7, 2020. This dividend reflects the company's ongoing commitment to providing returns to its shareholders. Myers Industries is a manufacturer of polymer products catering to various markets, including industrial, agricultural, and automotive sectors.

Positive
  • Approval of a quarterly cash dividend of $0.135 per share shows confidence in financial stability.
  • Dividend payment indicates a commitment to returning value to shareholders.
Negative
  • None.

AKRON, Ohio--()--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 January 5, 2021 to shareholders of record as of December 7, 2020.

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.

Contacts

Monica Vinay
Vice President, Investor Relations & Treasurer
(330) 761-6212

FAQ

What is the dividend amount approved by Myers Industries for January 2021?

The approved dividend amount is $0.135 per share.

When will Myers Industries pay its quarterly dividend?

The dividend will be paid on January 5, 2021.

What is the record date for the Myers Industries dividend?

The record date for the dividend is December 7, 2020.

How frequently does Myers Industries pay dividends?

Myers Industries typically pays dividends on a quarterly basis.

Is the Myers Industries dividend sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.

Myers Industries, Inc.

NYSE:MYE

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425.13M
36.60M
1.77%
93.39%
2.5%
Packaging & Containers
Plastics Products, Nec
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United States of America
AKRON