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Myers Industries (Myers Industries) Forward Dividend Yield %

: 2.54% (As of Today)
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As of today (2024-04-18), the Forward Annual Dividend Yield of Myers Industries is 2.54%.

As of today (2024-04-18), the Trailing Annual Dividend Yield of Myers Industries is 2.54%.

MYE's Forward Dividend Yield % is ranked worse than
50.8% of 250 companies
in the Packaging & Containers industry
Industry Median: 2.62 vs MYE: 2.54

Myers Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.14.

During the past 10 years, the average Dividends Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Myers Industries was 27.10% per year. The lowest was 0.70% per year. And the median was 10.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Packaging & Containers subindustry, Myers Industries's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend 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 Forward Dividend Yield % Distribution

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

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



Myers Industries Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Myers Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1352024-03-142024-03-162024-04-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1352023-12-012023-12-042024-01-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.1352023-09-122023-09-132023-10-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1352023-06-152023-06-162023-07-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Myers Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.54/21.27
=2.54 %

Current Share Price is $21.27.
Myers Industries's Dividends per Share for the forward twelve months is calculated as $0.135 * 4 = $0.54.

Myers Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.54/21.27
=2.54 %

Current Share Price is $21.27.
Myers Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.54.

* 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  (NYSE:MYE) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Myers Industries Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Myers Industries's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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