Myers Industries Dividends and Buybacks
Dividend criteria checks 5/6
Myers Industries is a dividend paying company with a current yield of 4.74%. Next payment date is on 3rd January, 2025 with an ex-dividend date of 3rd December, 2024.
Key information
4.7%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 0.3% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 03 Dec 24 |
| Dividend per share | US$0.540 |
| Payout ratio | 130% |
Recent dividend and buyback updates
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Nov 22
Myers Industries (NYSE:MYE) Will Pay A Dividend Of $0.135
Oct 31Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Sep 08Recent updates
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Nov 22Myers Industries (NYSE:MYE) Will Pay A Dividend Of $0.135
Oct 31Myers Industries And Its Real Value
Oct 10Is It Time To Consider Buying Myers Industries, Inc. (NYSE:MYE)?
Oct 04Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Sep 08Myers Industries' (NYSE:MYE) Dividend Will Be $0.135
Jun 16Take Care Before Jumping Onto Myers Industries, Inc. (NYSE:MYE) Even Though It's 26% Cheaper
May 14Myers Industries, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 10Shareholders Will Most Likely Find Myers Industries, Inc.'s (NYSE:MYE) CEO Compensation Acceptable
Apr 19This Analyst Just Wrote A Brand New Outlook For Myers Industries, Inc.'s (NYSE:MYE) Business
Mar 10Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Mar 05Myers Industries: Buying Growth
Jan 03Returns At Myers Industries (NYSE:MYE) Are On The Way Up
Dec 15Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Nov 13Some Myers Industries, Inc. (NYSE:MYE) Analysts Just Made A Major Cut To Next Year's Estimates
Nov 08Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135
Oct 30Myers Industries: Compressed Multiples Disconnect From Economic Performance, Rate Buy
Sep 13Myers Industries (NYSE:MYE) Has Affirmed Its Dividend Of $0.135
Sep 08Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Jun 08Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Mar 06Myers Industries: Strong Trends And Upside Potential
Feb 06Myers Industries, Inc. (NYSE:MYE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jan 12Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Nov 20Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135
Oct 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MYE's dividends per share have been stable in the past 10 years.
Growing Dividend: MYE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Myers Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MYE) | 4.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Packaging) | 2.4% |
| Analyst forecast (MYE) (up to 3 years) | 4.7% |
Notable Dividend: MYE's dividend (4.74%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MYE's dividend (4.74%) is in the top 25% of dividend payers in the US market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.5%), MYE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), MYE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Myers Industries, Inc. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Gary Farber | CL King & Associates, Inc. |
| Tyler Langton | J.P. Morgan |