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Myers Industries (MYE) Dividend Yield, Date & History

Myers Industries logo
$11.40 -0.20 (-1.72%)
(As of 12/20/2024 04:33 PM ET)

Myers Industries Dividend Summary

Dividend Yield
4.74%
Annual Dividend
$0.54
Next
Dividend Payment
Jan. 3
Dividend Payout Ratio
128.57%

Myers Industries (MYE) pays an annual dividend of $0.54 per share, with a dividend yield of 4.74%. The next quarterly payment of $0.1350 per share is scheduled for Friday, January 3, to investors who owned the stock before the ex-dividend date of Tuesday, December 3. The company currently pays out 128.57% of its earnings and 28.71% of its cash flow as dividends.

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MYE Dividend Payments by Quarter

The chart below displays up to four years of Myers Industries' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MYE Dividend Yield Over Time

The chart below tracks Myers Industries' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Myers Industries vs. The Competition

Compare Myers Industries' annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeMyers IndustriesIndustrial CompaniesNYSE Companies
Annual Dividend$0.54$0.01$1.39
Dividend Yield4.74%2.08%3.58%
Annualized 3-Year Dividend Growth0.00%11.38%15.78%

Myers Industries Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings128.57%
Based on This Year's Estimate56.84%
Based on Next Year's Estimate46.15%
Based on Cashflow28.71%

Myers Industries Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/25/2024quarterly$0.1350 - 4.42%12/3/202412/3/20241/3/2025
9/4/2024quarterly$0.1350 - 3.8%9/13/20249/13/202410/3/2024
6/4/2024quarterly$0.1350 - 3.4%6/18/20246/18/20247/5/2024
3/1/2024Quarterly$0.1350 - 2.81%3/14/20243/16/20244/4/2024
10/26/2023quarterly$0.1350 - 3.3%12/1/202312/4/20231/3/2024
9/1/2023quarterly$0.1350 - 2.9%9/12/20239/13/202310/4/2023
6/5/2023Quarterly$0.1350 - 2.77%6/15/20236/16/20237/5/2023
3/3/2023Quarterly$0.1350 - 2.54%3/15/20233/16/20234/4/2023

This table shows Myers Industries' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Myers Industries Dividend - Frequently Asked Questions

The current dividend yield for Myers Industries is 4.74%. Learn more on MYE's dividend yield history.

The annual dividend for MYE shares is $0.54. Learn more on MYE's annual dividend history.

Myers Industries pays quarterly dividends to shareholders.

Myers Industries's next quarterly dividend payment of $0.1350 per share will be made to shareholders on Friday, January 3, 2025.

Myers Industries's most recent quarterly dividend payment of $0.1350 per share was made to shareholders on Thursday, October 3, 2024.

Myers Industries's most recent ex-dividend date was Tuesday, December 3, 2024.

The most recent change in the company's dividend was an increase of $0.0050 on Friday, March 6, 2015.

The dividend payout ratio for MYE is:
  • 128.57% based on the trailing year of earnings
  • 56.84% based on this year's estimates
  • 46.15% based on next year's estimates
  • 28.71% based on cash flow

Myers Industries' dividend yield of 4.39% is higher than the average Industrial Products company that issues a dividend. Myers Industries' dividend payout ratio of 128.57% may not be sustainable. However, based on earnings estimates, MYE will have a more sustainable dividend payout ratio of 46.15% next year.

Looking at the stock as a whole, market analysts rate Myers Industries stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MYE) was last updated on 12/21/2024 by MarketBeat.com Staff
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