Myers Industries Dividends
| MYE Stock | USD 22.01 0.01 0.05% |
The current year's Dividend Payout Ratio is expected to grow to 0.43, whereas Dividends Paid is forecasted to decline to about 12.7 M. Myers Industries' past performance could be the main factor of why investors trade Myers Industries stock today. Investors should clearly understand every aspect of the Myers Industries dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Myers Industries' dividend schedule and payout information. Myers Industries dividends can also provide a clue to the current valuation of Myers Industries.
Number Of Dividends | Years Issued 35 | Previous Year 4 Times | Current Year 1 Times | Year Average 3.91 | Volatility 0.51 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 20.2 M | 12.7 M | |
| Dividend Yield | 0.03 | 0.02 | |
| Dividend Payout Ratio | 0.41 | 0.43 | |
| Dividend Paid And Capex Coverage Ratio | (32.95) | (31.31) |
Myers |
Investing in dividend-paying stocks, such as Myers Industries is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Myers Industries must own a stock before its ex-dividend date to receive its next dividend.
Myers Industries Dividends Paid Over Time
Today, most investors in Myers Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Myers Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Myers Industries dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Myers Industries Historical Dividend Yield Growth
A solid dividend growth pattern of Myers Industries could indicate future dividend growth is likely, which can signal long-term profitability for Myers Industries. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Myers Industries dividend as a percentage of Myers Industries stock price. Myers Industries dividend yield is a measure of Myers Industries stock productivity, which can be interpreted as interest rate earned on an Myers Industries investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Myers Industries Dividends Paid (per share)
Dividends Paid |
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Myers Industries Expected Dividend Income Per Share
Dividend payment represents part of Myers Industries' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Myers Industries. Myers Industries' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.35 Bottom Scenario | $0.36 | $0.37 Top Scenario |
One Year
Myers Industries expected dividend income per share adjusted for ongoing price standard deviation
Myers Industries Past Distributions to stockholders
A dividend is the distribution of a portion of Myers Industries earnings, decided and managed by the Myers Industriess board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Myers Industries dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment.
| 4th of April 2024 | ||
| 3rd of January 2024 | ||
| 4th of October 2023 | ||
| 5th of July 2023 | ||
| 4th of April 2023 | ||
| 4th of January 2023 | ||
| 4th of October 2022 | ||
| 5th of July 2022 |
Is Myers Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.54 | Earnings Share 1.32 | Revenue Per Share 22.128 | Quarterly Revenue Growth (0.10) |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.