Myers Industries Dividend
Dividend criteria checks 5/6
Myers Industries is a dividend paying company with a current yield of 3.97% that is well covered by earnings. Next payment date is on 3rd October, 2024 with an ex-dividend date of 13th September, 2024.
Key information
4.0%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 03 Oct 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | US$0.540 |
| Earnings per share | US$1.05 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Sep 08
Myers Industries' (NYSE:MYE) Dividend Will Be $0.135
Jun 16Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Mar 05Recent updates
Myers 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 30We Ran A Stock Scan For Earnings Growth And Myers Industries (NYSE:MYE) Passed With Ease
Oct 28Myers Non-GAAP EPS of $0.41 beats by $0.08, revenue of $228.1M beats by $3.3M
Oct 27Myers declares $0.135 dividend
Oct 20Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135
Sep 05Myers declares $0.135 dividend
Sep 01What Does Myers Industries, Inc.'s (NYSE:MYE) Share Price Indicate?
Aug 27Myers Non-GAAP EPS of $0.45 beats by $0.07, revenue of $233.2M beats by $15.66M, raises FY outlook
Aug 02Myers Industries: Fairly Valued Right Now
Jul 15Upcoming Dividend Payment
Stability 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) | 4.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Packaging) | 2.4% |
| Analyst forecast (MYE) (up to 3 years) | 4.0% |
Notable Dividend: MYE's dividend (3.97%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: MYE's dividend (3.97%) is low compared to the top 25% of dividend payers in the US market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), MYE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37%), MYE's dividend payments are well covered by cash flows.