Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
Methode Electronics Dividend Announcement
• Methode Electronics announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-18
• Methode Electronics annual dividend for 2024 was $0.56
• Methode Electronics annual dividend for 2023 was $0.56
• Methode Electronics's trailing twelve-month (TTM) dividend yield is 7.64%
• Methode Electronics's payout ratio for the trailing twelve months (TTM) is -13.82%
• Methode Electronics's dividend growth over the last five years (2018-2023) was 4.94% year
• Methode Electronics's dividend growth over the last ten years (2013-2023) was 10.31% year
Methode Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | $0.14 | quarterly | 2024-11-01 |
2024-07-12 | $0.14 | quarterly | 2024-07-26 |
2024-04-11 | $0.14 | quarterly | 2024-04-26 |
2024-01-11 | $0.14 | quarterly | 2024-01-26 |
2023-10-12 | $0.14 | quarterly | 2023-10-27 |
2023-07-13 | $0.14 | quarterly | 2023-07-28 |
2023-04-13 | $0.14 | quarterly | 2023-04-28 |
2023-01-12 | $0.14 | quarterly | 2023-01-27 |
2022-10-13 | $0.14 | quarterly | 2022-10-28 |
2022-07-14 | $0.14 | quarterly | 2022-07-29 |
2022-04-13 | $0.14 | quarterly | 2022-04-29 |
2022-01-13 | $0.14 | quarterly | 2022-01-28 |
2021-10-14 | $0.14 | quarterly | 2021-10-29 |
2021-07-15 | $0.14 | quarterly | 2021-07-30 |
2021-04-15 | $0.11 | quarterly | 2021-04-30 |
2021-01-14 | $0.11 | quarterly | 2021-01-29 |
2020-10-15 | $0.11 | quarterly | 2020-10-30 |
2020-07-16 | $0.11 | quarterly | 2020-07-31 |
2020-04-16 | $0.11 | quarterly | 2020-05-01 |
2020-01-16 | $0.11 | quarterly | 2020-01-31 |
2019-10-10 | $0.11 | quarterly | 2019-10-25 |
2019-07-11 | $0.11 | quarterly | 2019-07-26 |
2019-04-11 | $0.11 | quarterly | 2019-04-26 |
2019-01-10 | $0.11 | quarterly | 2019-01-25 |
2018-10-11 | $0.11 | quarterly | 2018-10-26 |
2018-07-12 | $0.11 | quarterly | 2018-07-27 |
2018-04-12 | $0.11 | quarterly | 2018-04-27 |
2018-01-11 | $0.11 | quarterly | 2018-01-26 |
2017-10-12 | $0.09 | quarterly | 2017-10-27 |
2017-07-12 | $0.09 | quarterly | 2017-07-28 |
2017-04-11 | $0.09 | quarterly | 2017-04-28 |
2017-01-11 | $0.09 | quarterly | 2017-01-27 |
2016-10-12 | $0.09 | quarterly | 2016-10-28 |
2016-07-13 | $0.09 | quarterly | 2016-07-29 |
2016-04-13 | $0.09 | quarterly | 2016-04-29 |
2016-01-13 | $0.09 | quarterly | 2016-01-29 |
2015-10-14 | $0.09 | quarterly | 2015-10-30 |
2015-07-15 | $0.09 | quarterly | 2015-07-31 |
2015-04-13 | $0.09 | quarterly | 2015-04-29 |
2015-01-14 | $0.09 | quarterly | 2015-01-30 |
2014-10-15 | $0.09 | quarterly | 2014-10-31 |
2014-07-16 | $0.09 | quarterly | 2014-08-01 |
2014-04-15 | $0.09 | quarterly | 2014-05-02 |
2014-01-15 | $0.07 | quarterly | 2014-01-31 |
2013-10-09 | $0.07 | quarterly | 2013-10-25 |
2013-07-10 | $0.07 | quarterly | 2013-07-26 |
2013-04-10 | $0.07 | quarterly | 2013-04-26 |
Methode Electronics Dividend per year
Methode Electronics Dividend growth
Methode Electronics Dividend Yield
Methode Electronics current trailing twelve-month (TTM) dividend yield is 7.64%. Interested in purchasing Methode Electronics stock? Use our calculator to estimate your expected dividend yield:
Methode Electronics Financial Ratios
Methode Electronics Dividend FAQ
Other factors to consider when evaluating Methode Electronics as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Methode Electronics's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Methode Electronics publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Methode Electronics distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Methode Electronics are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Methode Electronics sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Methode Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Methode Electronics declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Methode Electronics's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Methode Electronics's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.