Myers Industries Keeps Dividend Steady
Polymer manufacturer Myers Industries today announced plans to keep its quarterly dividend steady. The company has paid its investors a quarterly dividend of $0.09 per share since April, after electing to raise its payout 12%, from $0.08 per share.
Myers' latest dividend will be payable Oct. 7 to stockholders of record as of Sept. 6. Annualized, this comes to $0.36 per share. As of market close on Friday, Myers' stock price was $19.71 per share, which means it currently offers a 1.8% yield.
The article Myers Industries Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.