Myers Industries, Inc. (MYE) Dividends
Dividend Yield and Dividend History Highlights
- MYE's compound annual growth rate of its cash flow over the past 5.51 years is -0.11% -- which is higher than about only 11.29% stocks we're looking at.
- MYE has an EBITDA to net debt ratio of 79,293,000; for context, that's better than 89.09% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with MYE that may be suitable potential portfolio mates: TDS, T, ROP, LMNX and MBT.
MYE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $14.64 | $16.65 | -21.8% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of MYE, the DDM model generated by StockNews estimates a return of negative 21.8% in comparison to its current price. To help understand and contextualize the model's evaluation of MYE, investors may wish to consider are:
- Myers Industries Inc's market cap of $778 million US dollars puts it in the small-sized market cap class; here, it has a lower equity discount rate than 26.67% of stocks.
- Compared to other dividend issuers in the small-sized market cap category, MYE's beta -- a measure of volatility relative to the market at large -- is lower than only 24.07% of them.
- Based on dividend growth rate, MYE boasts a higher growth rate in terms of its annual cash distributed to its owners than 31.1% of the dividend issuers in our set.
MYE Dividend History
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Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2025-03-14 | Dividend | $0.14 | -- |
| 2024-12-03 | Dividend | $0.14 | -- |
| 2024-09-13 | Dividend | $0.14 | -- |
| 2024-06-18 | Dividend | $0.14 | -- |
| 2024-03-14 | Dividend | $0.14 | -- |
| 2023-12-01 | Dividend | $0.14 | -- |
| 2023-09-12 | Dividend | $0.14 | -- |
| 2023-06-15 | Dividend | $0.14 | -- |
| 2023-03-15 | Dividend | $0.14 | -- |
| 2022-12-02 | Dividend | $0.14 | -- |
| 2022-09-13 | Dividend | $0.14 | -- |
| 2022-06-16 | Dividend | $0.14 | -- |
| 2022-03-16 | Dividend | $0.14 | -- |
| 2021-12-03 | Dividend | $0.14 | -- |
| 2021-09-10 | Dividend | $0.14 | -- |
| 2021-06-17 | Dividend | $0.14 | -- |
| 2021-03-17 | Dividend | $0.14 | -- |
| 2020-12-04 | Dividend | $0.14 | -- |
| 2020-09-01 | Dividend | $0.14 | -- |
| 2020-06-11 | Dividend | $0.14 | -- |
MYE Dividends vs. Peers
MYE's dividend yield currently ranks #35 of 49 vs. its peers in the Industrial - Manufacturing category.
Looking for More Information on MYE dividends?
Want to see what other sources are saying about Myers Industries Inc's dividends? Try the links below:Myers Industries Inc Common Stock (MYE) Dividend History | Nasdaq
Dividend History for Myers Industries Inc (MYE) - Dividend Investor
Myers Industries Inc (MYE) Dividend History - Seeking Alpha