Myers Industries, Inc. ( NYSE:MYE – Get Rating ) declared a quarterly dividend on Friday, March 3rd, Zacks reports. Stockholders of record on Thursday, March 16th will be paid a dividend of 0.135 per share by the industrial products company on Tuesday, April 4th. This represents a $0.54 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Wednesday, March 15th. Myers Industries has a payout ratio of 25.1% indicating that its dividend is sufficiently covered by earnings.

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