Myers Industries's last quarterly dividend of $0.135 per share was on Mar 14, 2024 (ex-date). The annualized dividend payment of $0.54 per share represents a current dividend yield of 2.45%.
MYE has a dividend yield of 2.45% which is higher than the Consumer Cyclical sector and its peers average but lower than the industry average. But in comparison with the Consumer Cyclical sector average of 2.34%, Myers Industries's dividend yield is only 4.7% higher. The historical 5-year average of MYE's dividend yield is 3.0%, which is higher than the current one.
Myers Industries has a history of paying dividends since 1994. Our records of MYE show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 15% from a year ago, the dividend yield marks a decrease of 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 4, 2024 | Mar 1, 2024 | $0.135 | normal |
| Dec 1, 2023 | Jan 3, 2024 | Oct 26, 2023 | $0.135 | normal |
| Sep 12, 2023 | Oct 4, 2023 | Sep 1, 2023 | $0.135 | normal |
| Jun 15, 2023 | Jul 5, 2023 | Jun 5, 2023 | $0.135 | normal |
| Mar 15, 2023 | Apr 4, 2023 | Mar 3, 2023 | $0.135 | normal |
| Dec 2, 2022 | Jan 4, 2023 | Oct 20, 2022 | $0.135 | normal |
| Sep 13, 2022 | Oct 4, 2022 | Sep 1, 2022 | $0.135 | normal |
| Jun 16, 2022 | Jul 5, 2022 | Jun 3, 2022 | $0.135 | normal |
| Mar 16, 2022 | Apr 4, 2022 | Mar 4, 2022 | $0.135 | normal |
| Dec 3, 2021 | Jan 5, 2022 | Oct 28, 2021 | $0.135 | normal |
| Sep 10, 2021 | Oct 4, 2021 | Sep 2, 2021 | $0.135 | normal |
| Jun 17, 2021 | Jul 2, 2021 | Jun 4, 2021 | $0.135 | normal |
| Mar 17, 2021 | Apr 2, 2021 | Mar 5, 2021 | $0.135 | normal |
| Dec 4, 2020 | Jan 5, 2021 | Oct 27, 2020 | $0.135 | normal |
| Sep 1, 2020 | Oct 2, 2020 | Aug 3, 2020 | $0.135 | normal |
| Jun 11, 2020 | Jul 2, 2020 | Jun 2, 2020 | $0.135 | normal |
| Mar 17, 2020 | Apr 2, 2020 | Mar 5, 2020 | $0.135 | normal |
| Dec 5, 2019 | Jan 3, 2020 | Oct 30, 2019 | $0.135 | normal |
| Aug 30, 2019 | Oct 2, 2019 | Aug 2, 2019 | $0.135 | normal |
| Jun 13, 2019 | Jul 2, 2019 | Jun 4, 2019 | $0.135 | normal |
| Mar 19, 2019 | Apr 2, 2019 | Mar 7, 2019 | $0.135 | normal |
| Dec 6, 2018 | Jan 3, 2019 | Nov 5, 2018 | $0.135 | normal |
| Sep 6, 2018 | Oct 2, 2018 | Aug 6, 2018 | $0.135 | normal |
| Jun 14, 2018 | Jul 3, 2018 | Jun 4, 2018 | $0.135 | normal |
| Mar 19, 2018 | Apr 3, 2018 | Mar 7, 2018 | $0.135 | normal |
| Nov 30, 2017 | Jan 2, 2018 | Nov 8, 2017 | $0.135 | normal |
| Sep 7, 2017 | Oct 3, 2017 | Aug 7, 2017 | $0.135 | normal |
| Jun 14, 2017 | Jul 5, 2017 | Jun 5, 2017 | $0.135 | normal |
| Mar 15, 2017 | Apr 4, 2017 | Mar 7, 2017 | $0.135 | normal |
| Nov 30, 2016 | Jan 3, 2017 | $0.135 | normal | |
| Aug 31, 2016 | Oct 3, 2016 | Aug 15, 2016 | $0.135 | normal |
| Jun 15, 2016 | Jul 5, 2016 | Jun 6, 2016 | $0.135 | normal |
MYE has a payout ratio of 40.6% which is higher than the Consumer Cyclical sector, the industry and its peers average. If we compare it with the Consumer Cyclical sector average of 34.6%, Myers Industries's payout ratio is 17% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MYE Myers Industries Inc | 2.45% | $0.54 | 40.6% |
| DOV DOVER Corp | 1.13% | $2.04 | 19.4% |
| NPO Enpro Industries Inc | 0.78% | $1.17 | 110.4% |
Yes, Myers Industries has paid four dividends in the last 12 months. MYE has been paying dividends since 1994.
Currently MYE's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.
Myers Industries's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.135 per share.
On an annual basis MYE pays $0.54 per share.
Currently Myers Industries's dividend yield is 2.45%.
Myers Industries has a quarterly dividend frequency.
Myers Industries's dividend payout ratio is 40.6%.
Myers Industries's dividend yield is in line with the Consumer Cyclical sector average.