Myers Industries Keeps Dividend at $0.09

Updated

Industrial polymer manufacturer Myers Industries announced yesterday its second-quarter dividend of $0.09 per share, the same rate it paid last quarter after raising the payout 12.5%, from $0.08 per share.

The board of directors said the quarterly dividend is payable on July 1 to the holders of record at the close of business on June 14. Myers has paid a dividend that has increased every year for nearly 40 years.

The regular dividend payment equates to a $0.36-per-share annual dividend, yielding 2.4% based on the closing price of Myers Industries' stock on May 28.


MYE Dividend Chart
MYE Dividend Chart

MYE Dividend data by YCharts.

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The article Myers Industries Keeps Dividend at $0.09 originally appeared on Fool.com.

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