Methode Electronics Dividend
Dividend criteria checks 4/6
Methode Electronics is a dividend paying company with a current yield of 5.3%. Next payment date is on 1st November, 2024 with an ex-dividend date of 18th October, 2024.
Key information
5.3%
Dividend yield
-14%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 01 Nov 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | US$0.560 |
| Earnings per share | -US$4.04 |
| Dividend yield forecast | n/a |
Recent dividend updates
Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14
Sep 15
Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14
Jul 01Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14
Jun 17Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14
Apr 10Recent updates
Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14
Sep 15Improved Revenues Required Before Methode Electronics, Inc. (NYSE:MEI) Stock's 32% Jump Looks Justified
Jul 12Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14
Jul 01Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14
Jun 17Methode Electronics: Hold Until It Is Clear
Jun 10Methode Electronics: Poised To Find The Light In An Improving Automotive Sector
May 31These 4 Measures Indicate That Methode Electronics (NYSE:MEI) Is Using Debt Extensively
May 11Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14
Apr 10Methode Electronics, Inc. (NYSE:MEI) Not Doing Enough For Some Investors As Its Shares Slump 45%
Mar 20Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14
Mar 18Be Wary Of Methode Electronics (NYSE:MEI) And Its Returns On Capital
Jan 04Methode Electronics: Still Not A Buy Even After The Big Correction
Dec 21Methode Electronics (NYSE:MEI) Will Pay A Dividend Of $0.14
Dec 13What Is Methode Electronics, Inc.'s (NYSE:MEI) Share Price Doing?
Nov 04Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14
Oct 10Methode Electronics Looks Fairly Valued After Nordic Lights Acquisition
Oct 01Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14
Sep 18Methode Electronics' (NYSE:MEI) Conservative Accounting Might Explain Soft Earnings
Sep 14Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet
Sep 05Methode Electronics: Operating Margin Is Under Pressure
Jul 18Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14
Jul 03Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14
Jun 19We Turn Bullish On Methode Electronics As The Price Dips
Jun 16At US$46.29, Is It Time To Put Methode Electronics, Inc. (NYSE:MEI) On Your Watch List?
Jun 08Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet
May 23Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14
Apr 05Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14
Mar 20A Look At The Intrinsic Value Of Methode Electronics, Inc. (NYSE:MEI)
Mar 18What Does Methode Electronics, Inc.'s (NYSE:MEI) Share Price Indicate?
Feb 13Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet
Jan 07Methode Electronics declares $0.14 dividend
Dec 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEI's dividends per share have been stable in the past 10 years.
Growing Dividend: MEI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Methode Electronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEI) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Electronic) | 1.4% |
| Analyst forecast (MEI) (up to 3 years) | n/a |
Notable Dividend: MEI's dividend (5.3%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MEI's dividend (5.3%) is in the top 25% of dividend payers in the US market (4.37%)
Earnings Payout to Shareholders
Earnings Coverage: MEI is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (141%), MEI's dividend payments are not well covered by cash flows.