Myers Industries (MYE) dividend stock





  • Yield

     2.94%
  • Dividend

     0.54
  • 5 year dividend growth rate
     14.0%
  • Dividend increased

     6 yrs.
  • Payout ratio

     225%
  • Dividend pay date

     7/5/2017
  • Ex-dividend date

     6/14/2017
  • Uninterrupted
    dividends
     N/A yrs.
  • Yield compared to 5 year average
     + 13.1%
  • Dividend payback
    period
     14 yrs.
  • Chowder rule

     16.9
  • Tweed factor

     -58.2
Rating
Overall rating
The overall rating measures the general health and sustainabilty of the company's dividend. It is an average of the five ratings below.





Dividend increased years
This rating looks at the number of years the company has increased their dividend consecutively. 1 star is given for 7 years or below and 5 stars are given for 23 years or more.





Dividend yield
This rating evaluates the size of the yield. 1 star is given for a yield below 0.75% and 5 stars for yields above 6.75%.





Payout ratio
The payout ratio shows how much of the earnings are being paid out as dividends. We award 0 stars for payout ratios above 100% and 5 stars for ratios below 10%.





Dividend growth rate
This rating takes into account the growth of the dividend. Companies that have a dividend growth rate below 1.5% get 1 star while 5 stars are given for rates above 13.5%.





Yield compared to 5 year average
If the current yield is below the 5 year average, it tends to indicate that the stock is cheap. A rating of 0 is given if the current yield is below 0 percent compared to the average and a rating of 5 is given if it's more than 22.5% above.
Relative valuations
Yield compared to 5 year average   
13.1%
Payout ratio compared to 5 year average   
91.3%
P/E compared to 5 year average   
149.0%
Price per book value compared to 5 year average   
123.5%
Price change from 52 week high   
-5.7%
Price change from 50 days average   
0.1%
Price change from 200 days average   
14.6%
Price info
Change
0.25 (1.38%)


Last price
18.35 USD


Day range
17.90 - 18.45


Year range
11.35 - 19.45

Financial health
Current ratio
1.31


Debt/equity ratio
198.75


Cash
7.34M


Debt
193.01M


Valuation
Price/earning (P/E)
75.2


Price/book (P/B)
5.81


Forward price/earning (P/E)
30.08


Price/sales (P/S)
0.99


PEG
13.33


Market cap
551.95M

Recession performance (2007 - 2009)
0.2180,0.2400,0.2400
  • 2007
  • 2008
  • 2009
Dvidend growth (annualized)   
4.9%
1.5500,-1.2600,-0.0200
  • 2007
  • 2008
  • 2009
Earnings per share growth (annualized)   
nan%
10 year history
0.2180,0.2400,0.2400,0.2600,0.2800,0.3200,0.3600,0.4800,0.5400,0.5400
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Dividend growth (annualized)   
10.6%
1.5500,-1.2600,-0.0200,-1.2100,0.7100,0.8800,0.7600,-0.2700,0.5700,0.5700
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Earnings per share growth (annualized)   
-10.5%
9.0200,7.1800,7.3100,6.0000,6.0700,6.8700,7.1600,5.6500,3.5400,3.3100
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Book value per share growth (annualized)   
-10.5%
20.7000,0.0000,120.0000,0.0000,0.0000,36.4000,38.0000,119.2000,107.1000,120.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Payout ratio growth (annualized)   
21.6%
35.0000,35.0000,35.0000,35.0000,35.0000,34.0000,34.0000,33.0000,31.0000,31.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Shares outstanding growth (annualized)   
-1.3%
Other companies in the rubber & plastics industry
Company
Div. increase  
Yield
Div. growth
USA   Carlisle Companies 41 yrs1.40%11.4%
USA   Tredegar 7 yrs2.82%20.2%
Company profile
Founded
1933


Industry


SEC filings




Myers Industries, Inc. manufactures and sells polymer products worldwide. The company operates through two segments, Material Handling and Distribution. The Material Handling segment provides plastic reusable material handling containers, pallets, and bins: and metal shelving, cabinet and racking sy...
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Address:
1293 South Main Street, Akron, OH, 44301

Phone:
+1 330 253-5592
The dividend of Myers Industries is 0.54 USD and their yield is 2.94%. The dividend has been raised for 6 years in a row (since 2011). The payout ratio of MYE is 225%, based on an EPS of 0.24 and a dividend of 0.54. The company has a dividend payback period of 14 years. They have increased their dividend by 14.0% on average in the last 5 years. 6/14/2017 is the ex-dividend date for Myers Industries, while 7/5/2017 is the dividend pay date. This US company was founded in 1933 and has 3,241 employees. They are in the consumer goods sector and the rubber & plastics industry. 2.1 out of 5 stars is our rating for it's dividend.






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