AKRON (Aug. 6, 2014) — Myers Industries Inc.’s board of directors has declared a regular quarterly dividend of $0.13 per share.
Akron-based Myers said the dividend is payable Oct. 6 to shareholders of record as of Sept. 5.
The company is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. Its Myers Tire Supply Distribution Inc. subsidiary wholesales tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S.
Several months ago Myers combined its Myers Tire Supply and Patch Rubber Co. units into the same division as part of a realignment of its business segments after the company sold for about $19.5 million its WEK Industries Inc. unit, a producer of blow-molded plastic parts for the automotive industry, to Industrial Opportunity Partners, owners of Toledo Molding and Die Inc.
Myers’ new Distribution Segment consists of Myers Tire Supply, Myers Tire Supply International and Patch Rubber, which previously was part of Myers’ Engineered Products Segment.
More information about the company is available on its website.