Methode Electronics’ Board Approves Dividend

Rhea-AI Summary

Methode Electronics (NYSE: MEI) declared a quarterly dividend of $0.05 per share, payable May 1, 2026, to shareholders of record at the close of business on April 17, 2026. The board approved the dividend on March 18, 2026.

Positive

• Quarterly dividend declared of $0.05 per share
• Payment date set for May 1, 2026 and record date April 17, 2026

Negative

• Low per-share amount of $0.05 may deliver limited immediate income per share

SOUTHFIELD, Mich., March 18, 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 May 1, 2026, to common stockholders of record at the close of business on April 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.

Media Contact:
Steve Blow, Methode Electronics, Inc.
sblow@methode.com
517-262-0655

Investor Contact:
ir@methode.com

FAQ

What dividend did Methode Electronics (MEI) declare on March 18, 2026?

Methode declared a quarterly dividend of $0.05 per share. According to the company, the dividend will be paid May 1, 2026 to holders of record at the close of business April 17, 2026.

When will Methode Electronics (MEI) pay the March 2026-declared dividend?

The dividend is payable on May 1, 2026. According to the company, shareholders of record as of April 17, 2026 will receive the $0.05 per-share distribution.

Who is eligible to receive Methode Electronics (MEI) dividend paid May 1, 2026?

Shareholders of record at the close of business on April 17, 2026 are eligible. According to the company, those holders will be paid the $0.05 per-share dividend on May 1, 2026.

How much income will Methode Electronics (MEI) shareholders receive per share from the March 18, 2026 dividend?

Each common share receives $0.05 for the quarterly dividend. According to the company, that amount will be paid on May 1, 2026 to shareholders of record April 17, 2026.

Does the March 18, 2026 dividend announcement from Methode Electronics (MEI) change the company’s dividend schedule?

The announcement declares a quarterly dividend of $0.05 per share with specified dates. According to the company, the board approved this dividend to be paid May 1, 2026 to record holders April 17, 2026.