Myers Industries Announces Quarterly Dividend

Rhea-AI Summary

Myers Industries, Inc. (NYSE: MYE) has declared a quarterly cash dividend of $0.135 per share, with the payment date set for October 4, 2022. Shareholders of record as of September 14, 2022 will receive this dividend. Myers Industries is a prominent manufacturer of polymer and metal products across various sectors, including industrial, agricultural, and automotive markets, and is the largest distributor of tools and equipment for tire and vehicle service in the U.S.

Positive

• Quarterly cash dividend of $0.135 per share enhances shareholder income.
• Payment date established, indicating consistent dividend policy.

Negative

• None.

AKRON, Ohio--(BUSINESS WIRE)-- 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 October 4, 2022 to shareholders of record as of September 14, 2022.

About Myers Industries

Myers Industries, Inc. is a leading manufacturer of a wide range of polymer and metal 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.

M-INV

View source version on businesswire.com: https://www.businesswire.com/news/home/20220901005117/en/

Monica Vinay

Vice President, Investor Relations & Treasurer

(330) 761-6212

Source: Myers Industries, Inc.

FAQ

What is the dividend amount declared by Myers Industries?

Myers Industries has declared a quarterly cash dividend of $0.135 per share.

When will the dividend be paid to shareholders of Myers Industries?

The dividend will be paid on October 4, 2022.

What is the record date for shareholders to receive the dividend from Myers Industries?

The record date for shareholders to receive the dividend is September 14, 2022.

Is the dividend from Myers Industries sustainable?

The sustainability of the dividend depends on the company's financial performance and future earnings.