Methode Electronics Inc Stock Dividends
Methode Electronics Inc Stock Dividends Overview
MEI pays dividends quarterly. Last paid amount was $0.140 at Apr 26, 2024. As of today, dividend yield (TTM) is 2.85%.
Dividend Yield Range
AI Analysis of MEI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.85% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.140 |
| Next Ex-Dividend Date | Jul 12, 2024 |
| Next Payment Date | Jul 26, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MEI the purchase should be done within the next 8 days.
Here's a simple guide on how to buy MEI stock.
MEI Dividend Payout History
To ensure a understanding of MEI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 12, 2024 | Jul 12, 2024 | Jul 26, 2024 | $0.140 | 1.40% |
| 2 | Apr 11, 2024 | Apr 11, 2024 | Apr 26, 2024 | $0.140 | 1.15% |
| 3 | Jan 11, 2024 | Jan 11, 2024 | Jan 26, 2024 | $0.140 | 0.658% |
| 4 | Sep 13, 2023 | Oct 12, 2023 | Oct 27, 2023 | $0.140 | 0.616% |
| 5 | Jun 15, 2023 | Jul 13, 2023 | Jul 28, 2023 | $0.140 | 0.428% |
| 6 | Mar 16, 2023 | Apr 13, 2023 | Apr 28, 2023 | $0.140 | 0.342% |
| 7 | Dec 15, 2022 | Jan 12, 2023 | Jan 27, 2023 | $0.140 | 0.298% |
| 8 | Sep 14, 2022 | Oct 13, 2022 | Oct 28, 2022 | $0.140 | 0.342% |
| 9 | Jun 16, 2022 | Jul 14, 2022 | Jul 29, 2022 | $0.140 | 0.339% |
| 10 | Mar 17, 2022 | Apr 13, 2022 | Apr 29, 2022 | $0.140 | 0.314% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MEI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MEI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MEI stock here.
Comparing MEI to Sector and Country
MEI pays a solid dividend yield of 2.85%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.466%). MEI’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (8.54%), which means that there are more attractive dividend stocks to consider.
