Methode Electronics’ Board Approves Dividend

Rhea-AI Summary

Methode Electronics (NYSE: MEI) announced that its board approved a quarterly cash dividend of $0.05 per share.

The dividend will be paid on July 31, 2026, to common shareholders of record as of the close of business on July 17, 2026.

AI-generated analysis. Not financial advice.

Positive

• Board declares quarterly dividend of $0.05 per share
• Dividend payment date set for July 31, 2026
• Record date of July 17, 2026 defines eligible shareholders

Negative

• None.

News Market Reaction – MEI

+8.25%

4 alerts

+8.25% News Effect

+$30M Valuation Impact

$391.86M Market Cap

0.0x Rel. Volume

On the day this news was published, MEI gained 8.25%, reflecting a notable positive market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $30M to the company's valuation, bringing the market cap to $391.86M at that time.

Data tracked by StockTitan Argus on the day of publication.

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SOUTHFIELD, Mich., June 10, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.05 per share to be paid on July 31, 2026, to common stockholders of record at the close of business on July 17, 2026.

About Methode Electronics, Inc.
Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, lighting system, power distribution and sensor applications.

Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Our business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface.

Investor Contact:
ir@methode.com

FAQ

What dividend did Methode Electronics (MEI) declare on June 10, 2026?

Methode Electronics declared a quarterly dividend of $0.05 per share. According to Methode Electronics, this cash dividend applies to its common stock and reflects a regular quarterly payment approved by the company’s board of directors for eligible shareholders.

When is the record date for Methode Electronics (MEI) July 2026 dividend?

The record date for Methode Electronics’ July 2026 dividend is July 17, 2026. According to Methode Electronics, common shareholders recorded at the close of business on that date will be entitled to receive the declared $0.05 per share quarterly dividend.

When will Methode Electronics (MEI) pay its $0.05 quarterly dividend?

Methode Electronics will pay its $0.05 quarterly dividend on July 31, 2026. According to Methode Electronics, all common stockholders of record as of July 17, 2026 will receive this dividend payment on the stated July 31 payment date.

Which Methode Electronics (MEI) shareholders qualify for the July 31, 2026 dividend?

Shareholders of Methode Electronics recorded by the close of business on July 17, 2026 qualify. According to Methode Electronics, only common stockholders of record on that date will receive the $0.05 per share quarterly dividend paid on July 31, 2026.

Is the Methode Electronics (MEI) June 2026 dividend a quarterly payment?

Yes, the June 2026 announcement covers a quarterly dividend of $0.05 per share. According to Methode Electronics, this dividend applies to its common stock and follows the company’s regular practice of paying dividends on a quarterly schedule.