Methode Electronics’ Board Approves Dividend

Rhea-AI Summary

Methode Electronics (NYSE: MEI) has announced its board of directors has approved a quarterly dividend payment. The company, which specializes in custom-engineered solutions for user interface, lighting, and power distribution applications, will distribute $0.14 per share to common stockholders. The dividend will be paid on May 2, 2025, to shareholders of record as of the close of business on April 18, 2025.

Positive

• Regular quarterly dividend maintained at $0.14 per share
• Consistent dividend payment demonstrates financial stability

Negative

• None.

CHICAGO, March 20, 2025 (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 $0.14 per share to be paid on May 2, 2025, to common stockholders of record at the close of business on April 18, 2025.

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.

For Methode Electronics, Inc.
Robert K. Cherry
Vice President Investor Relations
rcherry@methode.com 
708-457-4030

FAQ

What is the dividend amount for Methode Electronics (MEI) in Q2 2025?

Methode Electronics (MEI) declared a quarterly dividend of $0.14 per share for Q2 2025.

When is the ex-dividend date for MEI's latest dividend payment?

Shareholders must be on record by April 18, 2025, to receive the dividend payment.

When will Methode Electronics (MEI) pay its next dividend?

MEI will pay the dividend on May 2, 2025.

How often does Methode Electronics (MEI) pay dividends?

Methode Electronics pays dividends on a quarterly basis.