Methode Electronics's latest quarterly dividend was on Jan 12, 2023 (ex-date) with a payout of $0.14 per share. At an annualized rate of $0.56 per share, the stock yields 1.11%.
MEI has a dividend yield of 1.11% which is below the Technology sector and the industry average. In comparison with its Technology sector average of 1.47%, Methode Electronics's dividend yield is 24% lower. The current dividend yield is lower than the historical average of 1.3% of the last 5 years.
Methode Electronics has been paying dividends since 1995. MEI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. However with the price of the stock up by 13% from a year ago, the dividend yield has decreased by 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 12, 2023 | Jan 27, 2023 | Dec 15, 2022 | $0.14 | normal |
| Oct 13, 2022 | Oct 28, 2022 | Sep 14, 2022 | $0.14 | normal |
| Jul 14, 2022 | Jul 29, 2022 | Jun 16, 2022 | $0.14 | normal |
| Apr 13, 2022 | Apr 29, 2022 | Mar 17, 2022 | $0.14 | normal |
| Jan 13, 2022 | Jan 28, 2022 | Dec 9, 2021 | $0.14 | normal |
| Oct 14, 2021 | Oct 29, 2021 | Sep 15, 2021 | $0.14 | normal |
| Jul 15, 2021 | Jul 30, 2021 | Jun 17, 2021 | $0.14 | normal |
| Apr 15, 2021 | Apr 30, 2021 | Mar 18, 2021 | $0.11 | normal |
| Jan 14, 2021 | Jan 29, 2021 | Dec 14, 2020 | $0.11 | normal |
| Oct 15, 2020 | Oct 30, 2020 | Sep 16, 2020 | $0.11 | normal |
| Jul 16, 2020 | Jul 31, 2020 | Jun 18, 2020 | $0.11 | normal |
| Apr 16, 2020 | May 1, 2020 | Mar 19, 2020 | $0.11 | normal |
| Jan 16, 2020 | Jan 31, 2020 | Dec 11, 2019 | $0.11 | normal |
| Oct 10, 2019 | Oct 25, 2019 | Sep 12, 2019 | $0.11 | normal |
| Jul 11, 2019 | Jul 26, 2019 | Jun 13, 2019 | $0.11 | normal |
| Apr 11, 2019 | Apr 26, 2019 | Mar 15, 2019 | $0.11 | normal |
| Jan 10, 2019 | Jan 25, 2019 | Dec 13, 2018 | $0.11 | normal |
| Oct 11, 2018 | Oct 26, 2018 | Sep 13, 2018 | $0.11 | normal |
| Jul 12, 2018 | Jul 27, 2018 | Jun 14, 2018 | $0.11 | normal |
| Apr 12, 2018 | Apr 27, 2018 | Mar 15, 2018 | $0.11 | normal |
| Jan 11, 2018 | Jan 26, 2018 | Dec 15, 2017 | $0.11 | normal |
| Oct 12, 2017 | Oct 27, 2017 | Sep 14, 2017 | $0.09 | normal |
| Jul 12, 2017 | Jul 28, 2017 | Jun 15, 2017 | $0.09 | normal |
| Apr 11, 2017 | Apr 28, 2017 | Mar 16, 2017 | $0.09 | normal |
| Jan 11, 2017 | Jan 27, 2017 | Dec 15, 2016 | $0.09 | normal |
| Oct 12, 2016 | Oct 28, 2016 | Sep 15, 2016 | $0.09 | normal |
| Jul 13, 2016 | Jul 29, 2016 | Jun 16, 2016 | $0.09 | normal |
MEI has a payout ratio of 21.6% which is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 29.3%, Methode Electronics's payout ratio is 26% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 5.07% | $5.96 | 51.7% |
| TEL TE Connectivity Ltd | 1.63% | $2.18 | 31.1% |
| MEI Methode Electronics Inc | 1.11% | $0.56 | 21.6% |
| APH Amphenol Corp | 0.99% | $0.81 | 26% |
Yes, Methode Electronics has been paying dividends for the last 28 years.
MEI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in April 2023.
Methode Electronics's last regular dividend was on Jan 12, 2023 (ex-date) with the amount of $0.14 per share.
MEI has paid dividend of $0.56 per share in the last year.
The current dividend yield of Methode Electronics is 1.11%.
Methode Electronics pays four dividends per year.
Methode Electronics's dividend payout ratio is 21.6%.
Methode Electronics's dividend yield is lower than the Technology sector average.