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Myers Industries Increases Quarterly Dividend

On Friday, March 2, 2012, the Board of Directors of Myers Industries, Inc. (NYSE: MYE) declared a quarterly dividend of $0.08 per share payable April 2, 2012, to shareholders of record as of the close of business on March 12, 2012. The board believes that it is important to continue to increase a return to shareholders through the Company’s dividend. The quarterly dividend represents a 14% increase compared to the $0.07 per share paid last quarter.

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel, and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

Copyright Business Wire 2010

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