Myers Industries Announces Quarterly Dividend

Rhea-AI Summary

Myers Industries, Inc. (NYSE: MYE) has declared a quarterly cash dividend of $0.135 per share, set for payment on January 4, 2023. Shareholders of record as of December 5, 2022 will receive this dividend. Myers Industries is recognized for its diverse range of polymer and metal products serving various markets including industrial and agricultural. Additionally, it holds a significant position in tool and equipment distribution for the tire service industry in the U.S.

Positive

• Quarterly dividend of $0.135 per share reflects company confidence.
• Dividend payment scheduled for January 4, 2023.

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 January 4, 2023 to shareholders of record as of December 5, 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/20221020005255/en/

Monica Vinay

Interim Chief Financial Officer

Vice President, Investor Relations & Treasurer

(330) 761-6212

Source: Myers Industries, Inc.

FAQ

What is the dividend amount declared by Myers Industries for 2023?

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

When will the dividend be paid to shareholders?

The dividend will be paid on January 4, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is December 5, 2022.

How often does Myers Industries pay dividends?

Myers Industries pays dividends quarterly.

Is the dividend payment sustainable for Myers Industries?

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