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Cash Dividend On The Way From Myers Industries (MYE)

By Dividend Channel Staff, Wednesday, November 29, 10:33 AM ET
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On 12/1/23, Myers Industries Inc. (NYSE:MYE) will trade ex-dividend, for its quarterly dividend of $0.135, payable on 1/3/24. As a percentage of MYE's recent stock price of $17.32, this dividend works out to approximately 0.78%, so look for shares of Myers Industries Inc. to trade 0.78% lower — all else being equal — when MYE shares open for trading on 12/1/23.

Below is a dividend history chart for MYE, showing historical dividends prior to the most recent $0.135 declared by Myers Industries Inc.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MYE is likely to continue, and whether the current estimated yield of 3.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MYE shares, versus its 200 day moving average:

Myers Industries Inc. 200 Day Moving Average Chart

Looking at the chart above, MYE's low point in its 52 week range is $15.65 per share, with $26.49 as the 52 week high point — that compares with a last trade of $17.30.


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In Wednesday trading, Myers Industries Inc. shares are currently off about 0.4% on the day.


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