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March 09, 2015 02:00 AM

Myers boosts quarterly dividend

Tire Business Staff
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    AKRON, Ohio (March 9, 2015) — Myers Industries Inc. has declared an increased quarterly dividend of 13.5 cents per share for the fourth quarter of fiscal 2014.

    The pay-out represents a 4-percent increase compared with the 13 cents per share paid last quarter, Akron-based Myers said, and reflects “the board's continued belief that it is important to increase a return to shareholders through the company's dividend.”

    The dividend will be paid on April 1 to shareholders of record as of March 16.

    Myers is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets. Its Myers Tire Supply subsidiary is a wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S.

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