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MYE (Myers Industries) 5-Year Yield-on-Cost % : 5.71 (As of Apr. 18, 2025)


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What is Myers Industries 5-Year Yield-on-Cost %?

Myers Industries's yield on cost for the quarter that ended in Dec. 2024 was 5.71.


The historical rank and industry rank for Myers Industries's 5-Year Yield-on-Cost % or its related term are showing as below:

MYE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.12   Med: 3.06   Max: 6.11
Current: 5.71

During the past 13 years, Myers Industries's highest Yield on Cost was 6.11. The lowest was 2.12. And the median was 3.06.


MYE's 5-Year Yield-on-Cost % is ranked better than
72.16% of 255 companies
in the Packaging & Containers industry
Industry Median: 3.06 vs MYE: 5.71

Competitive Comparison of Myers Industries's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Myers Industries's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Myers Industries's 5-Year Yield-on-Cost % falls into.


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Myers Industries 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Myers Industries is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Myers Industries  (NYSE:MYE) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Myers Industries 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Myers Industries's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Myers Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Myers Industries Inc (NYSE:MYE) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
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Traded in Other Exchanges
MJF:Germany
Address
1293 South Main Street, Akron, OH, USA, 44301
Website
https://www.myersindustries.com
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.
Executives
Lori A. Lutey director 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
William A Foley director P O BOX 10060, TOLEDO OH 436990060
Liebau Frederic Jack Jr director P.O. BOX 2200, PASADENA CA 91102-2200
Yvette Dapremont Bright director 739 WESTVIEW STREET, PHILADELPHIA PA 19119
Jeffrey Kramer director C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
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
Monica P. Vinay officer: Interim CFO, VP and Treasurer 1293 SOUTH MAIN STREET, AKRON OH 44301
Ronald M Defeo director 600 GRANT STREET, SUITE 5100, PITTSBURGH PA 15219
Jeffrey Jon Baker officer: VP, Shared Services 1293 SOUTH MAIN STREET, AKRON OH 44301
Paul Allan Johnson officer: VP, Distribution Segment 1293 SOUTH MAIN STREET, AKRON OH 44301
Jim Gurnee officer: VP Sales/Marketing/Commercial 1293 S MAIN ST, 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