UPDATE: Methode Electronics (MEI) Raises Qtr Dividend 22% to $0.11; 1.1% Yield

December 15, 2017 8:01 AM EST

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(Updated - December 15, 2017 8:03 AM EST)

(updated to add divided hike)

Methode Electronics (NYSE: MEI) declared a quarterly dividend of $0.11 per share, or $0.44 annualized. This represents an increase of $0.02, or 22 percent, per share over the prior quarterly dividend of $0.09.

The dividend will be payable on January 26, 2018, to stockholders of record on January 12, 2018, with an ex-dividend date of January 11, 2018.

The annual yield on the dividend is 1.1 percent.

For a dividend history and other dividend-related data on Methode Electronics (MEI) click here.

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