Investor Frequently Asked Questions
1. When was Myers Industries founded? | Top
In 1933, two brothers who saw an opportunity in the tire repair and retread industry started Myers Tire Supply in Akron, Ohio. Louis and Meyer Myers' partnership was based on a $620 loan, some merchandise, and a used pick-up truck. From their small store, the brothers were dedicated to selling "everything for the tire dealer" including tire repair patches and hand tools. Learn more at our
Timeline.
2. Myers started as a distributor. When did manufacturing operations begin? | Top
In 1946, as Myers Tire Supply expanded, the brothers started two manufacturing operations: Patch Rubber Company, to produce ready-made tire patches; and Akro-Mils, to produce plastic and metal storage products. These products were sold through the Myers Tire Supply catalog. Learn more at our
Timeline.
3. When did Myers Tire Supply become Myers Industries? | Top
In 1963, the company was renamed Myers Industries, Inc. to reflect its diversity in manufacturing and distribution.
4. What are Myers' product lines today? | Top
In our three manufacturing segments, we design, manufacture, and market thousands of plastic and rubber products, ranging from reusable plastic containers and plastic flower planters to plastic OEM parts and polymer-based reflective highway marking tape. We also custom mold products for special applications. In our distribution segment, we buy and sell nearly 10,000 different items used in tire, wheel, and undervehicle service and repair. These products range from small hand tools to large hydraulic lifts. Learn about our brands and more at
Business & Product Brands.
5. Where is Myers located around the world? | Top
Myers Industries has 18 manufacturing facilities, covering the U.S., Canada and Brazil. We have regional distribution centers and sales offices covering most every major metropolitan area in the United States, as well as Canada and Central America.
6. How many employees does Myers have? | Top
We have more than 3,000 employees worldwide.
7. When was the Initial Public Offering of Myers stock? | Top
The Initial Public Offering of Myers Industries Common Stock was in 1971 on the Nasdaq under the symbol MYE. In 1983, Myers listed on the American Stock Exchange. On May 1, 2001, Myers listed on the New York Stock Exchange.
8. When do Myers Industries' quarters end? | Top
First Quarter: January 1 thru March 31
Second Quarter: April 1 thru June 30
Third Quarter: July 1 thru September 30
Fourth Quarter: October 1 thru December 31
9. Does Myers have a direct stock purchase plan? | Top
No, there is currently not a direct stock purchase plan.
10. Does Myers pay a dividend to its shareholders? | Top
Yes, Myers pays a regular quarterly dividend to its shareholders, which has increased every year for nearly 40 years. For more information, see our
News Releases.
11. Does Myers have DRIP plan? | Top
Yes, Myers does have a Dividend Reinvestment and Stock Purchase Plan for our shareholders to automatically reinvest cash dividends and make voluntary cash investments in the Company's stock. Participating shareholders pay no brokerage commissions or other charges on purchases of shares under the Plan; all such commissions and charges are paid by the Company. For full details about participating in the Dividend Reinvestment Plan, please contact: Treasurer, Myers Industries, Inc., 1293 South Main Street, Akron, Ohio 44301. (330) 253-5592.
12. What is Myers' history on stock splits and stock dividends for shareholders? | Top
| 1972: 3-for-2 split |
1992: 5-for-4 split |
| 1982: 10% stock dividend |
1993: 10% stock dividend |
| 1983: 10% stock dividend |
1994: 5-for-4split |
| 1984: 2-for-1 split |
1995: 10% stock dividend |
| 1985: 10% stock dividend |
1997: 10% stock dividend |
| 1986: 10% stock dividend |
1999: 10% stock dividend |
| 1987: 3-for-2 split |
2000: 10% stock dividend |
| 1988: 10% stock dividend |
2001: 10% stock dividend |
| 1989: 10% stock dividend |
2002: 5-for-4split |
| 1990: 10% stock dividend |
2004: 10% stock dividend |
| 1991: 10% stock dividend |
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