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Myers Industries (Myers Industries) Total Payout Yield % : 2.20 (As of Apr. 28, 2024)


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What is Myers Industries Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Myers Industries's current Total Payout Yield % is 2.20%.


Myers Industries Total Payout Yield % Historical Data

The historical data trend for Myers Industries's Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Myers Industries Total Payout Yield % Chart

Myers Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 2.45 2.30 2.15 2.49

Myers Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 2.11 2.57 2.78 2.55

Competitive Comparison of Myers Industries's Total Payout Yield %

For the Packaging & Containers subindustry, Myers Industries's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Myers Industries's Total Payout Yield % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Myers Industries's Total Payout Yield % falls into.



Myers Industries Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Myers Industries's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 2.338 + -20.24) / 720.388175
=2.49%

Myers Industries's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 0.39 + -4.974) * 4 / 720.388175
=2.55%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Myers Industries Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Myers Industries Total Payout Yield % Related Terms

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Myers Industries (Myers Industries) Business Description

Traded in Other Exchanges
Address
1293 South Main Street, Akron, OH, USA, 44301
Myers Industries Inc is a plastic manufacturer of returnable packaging, storage and safety products and specialty molding. It manufactures a range of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. It operates through the following segments: The Material Handling segment, which designs manufactures and markets a variety of plastic and metal products. The Distribution segment offers tools, equipment, and supplies used for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles.
Executives
Yvette Dapremont Bright director 739 WESTVIEW STREET, PHILADELPHIA PA 19119
Michael P. Mcgaugh director, officer: President and CEO 1293 SOUTH MAIN STREET, AKRON OH 44301
Fitz E Grant officer: EVP & CFO C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Lori A. Lutey director 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Jeffrey Kramer director C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Liebau Frederic Jack Jr director P.O. BOX 2200, PASADENA CA 91102-2200
William A Foley director P O BOX 10060, TOLEDO OH 436990060
Monica P. Vinay officer: Interim CFO, VP and Treasurer 1293 SOUTH MAIN STREET, AKRON OH 44301
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Ronald M Defeo director 600 GRANT STREET, SUITE 5100, PITTSBURGH PA 15219
Jim Gurnee officer: VP Sales/Marketing/Commercial 1293 S MAIN ST, AKRON OH 44301
Paul Allan Johnson officer: VP, Distribution Segment 1293 SOUTH MAIN STREET, AKRON OH 44301
Jeffrey Jon Baker officer: VP, Shared Services 1293 SOUTH MAIN STREET, AKRON OH 44301
Sarah R Coffin director 31515 BALLANTYNE CORP, C/O SPX CORP, CHARLOTTE NC 28277
Sonal P. Robinson officer: EVP, Finance 1293 SOUTH MAIN STREET, AKRON OH 44301

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