Free Trial

Methode Electronics (MEI) Dividend Yield, Date & History

Methode Electronics logo
$12.15 -0.10 (-0.82%)
(As of 12/20/2024 04:33 PM ET)

Methode Electronics Dividend Summary

Dividend Yield
4.61%
Annual Dividend
$0.56
Next
Dividend Payment
Jan. 31
Annualized 3-Year
Dividend Growth
8.37%
Dividend Payout Ratio
-22.13%

Methode Electronics (MEI) pays an annual dividend of $0.56 per share, with a dividend yield of 4.61%. The next quarterly payment of $0.14 per share is scheduled for Friday, January 31, to investors who own the stock before the ex-dividend date of Friday, January 17. The company currently pays out -22.13% of its earnings and 13.87% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

MEI Dividend Payments by Quarter

The chart below displays up to four years of Methode Electronics' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MEI Dividend Yield Over Time

The chart below tracks Methode Electronics' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Methode Electronics vs. The Competition

Compare Methode Electronics' annual dividend, yield, and 3-year growth rate with averages for Computer and NYSE companies to evaluate its performance against the market.

TypeMethode ElectronicsComputer CompaniesNYSE Companies
Annual Dividend$0.56$0.03$1.39
Dividend Yield4.61%2.78%3.58%
Annualized 3-Year Dividend Growth8.37%12.57%15.78%

Methode Electronics Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-22.13%
Based on This Year's Estimate-140.00%
Based on Next Year's Estimate151.35%
Based on Cashflow13.87%

Methode Electronics Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/12/2024quarterly$0.14 - 4.3%1/17/20251/17/20251/31/2025
9/11/2024quarterly$0.14 - 5.6%10/18/202410/18/202411/1/2024
6/13/2024Quarterly$0.14 - 5.89%7/12/20247/12/20247/26/2024
3/14/2024Quarterly$0.14 - 4.47%4/11/20244/12/20244/26/2024
12/6/2023Quarterly$0.14 - 2.53%1/11/20241/12/20241/26/2024
9/13/2023quarterly$0.14 - 2.5%10/12/202310/13/202310/27/2023
6/15/2023quarterly$0.14 - 1.5%7/13/20237/14/20237/28/2023
3/16/2023Quarterly$0.14 - 1.37%4/13/20234/14/20234/28/2023

This table shows Methode Electronics' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Methode Electronics Dividend - Frequently Asked Questions

The current dividend yield for Methode Electronics is 4.61%. Learn more on MEI's dividend yield history.

The annual dividend for MEI shares is $0.56. Learn more on MEI's annual dividend history.

Methode Electronics pays quarterly dividends to shareholders.

Methode Electronics's next quarterly dividend payment of $0.14 per share will be made to shareholders on Friday, January 31, 2025.

Methode Electronics's most recent quarterly dividend payment of $0.14 per share was made to shareholders on Friday, November 1, 2024.

Methode Electronics's next ex-dividend date is Friday, January 17, 2025.

Methode Electronics's most recent ex-dividend date was Friday, October 18, 2024.

Over the past three years, the company's dividend has grown by an average of 8.37% per year.

The most recent change in the company's dividend was an increase of $0.03 on Thursday, June 17, 2021.

The dividend payout ratio for MEI is:
  • -22.13% based on the trailing year of earnings
  • 151.35% based on next year's estimates
  • 13.87% based on cash flow

Methode Electronics' dividend yield of 4.43% is higher than the average Computer and Technology company that issues a dividend.

Looking at the stock as a whole, market analysts rate Methode Electronics stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MEI) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners