Methode Electronics’ Board Approves Dividend

Rhea-AI Summary

Methode Electronics, Inc. (MEI) has declared a quarterly dividend of $0.14 per share for common stockholders, payable on April 26, 2024. MEI is a global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications.

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED 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 April 26, 2024, to common stockholders of record at the close of business on April 12, 2024.

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, LED 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 dividend has Methode Electronics, Inc. (MEI) declared?

Methode Electronics, Inc. (MEI) has declared a quarterly dividend of $0.14 per share.

When will the dividend be paid to common stockholders?

The dividend will be paid on April 26, 2024, to common stockholders of Methode Electronics, Inc. (MEI).

When is the record date for the dividend payment?

The record date for the dividend payment is April 12, 2024, for common stockholders of Methode Electronics, Inc. (MEI).