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Methode Electronics (Methode Electronics) Dividend Yield %

: 4.53% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Methode Electronics is 4.53%.

Good Sign:

Methode Electronics Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Methode Electronics's Dividend Yield % or its related term are showing as below:

MEI' s Dividend Yield % Range Over the Past 10 Years
Min: 0.75   Med: 1.13   Max: 4.65
Current: 4.53

During the past 13 years, the highest Dividend Yield of Methode Electronics was 4.65%. The lowest was 0.75%. And the median was 1.13%.

MEI's Dividend Yield % is ranked better than
79.16% of 1353 companies
in the Hardware industry
Industry Median: 2.41 vs MEI: 4.53

Methode Electronics's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Methode Electronics Inc is 56.00, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Methode Electronics was 56.00. The lowest was 0.12. And the median was 0.15.

As of today (2024-04-19), the Forward Dividend Yield % of Methode Electronics is 4.53%.

Methode Electronics's Dividends per Share for the three months ended in Jan. 2024 was $0.14.

During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Methode Electronics was 83.00% per year. The lowest was 1.40% per year. And the median was 8.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Methode Electronics Dividend Yield % Historical Data

The historical data trend for Methode Electronics's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Methode Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.49 1.47 0.98 1.26 1.37

Methode Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 1.37 1.66 2.45 2.70

Competitive Comparison

For the Electronic Components subindustry, Methode Electronics's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Methode Electronics Dividend Yield % Distribution

For the Hardware industry and Technology sector, Methode Electronics's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Methode Electronics's Dividend Yield % falls into.



Methode Electronics Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Methode Electronics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1402024-04-112024-04-122024-04-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402024-01-112024-01-122024-01-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402023-10-122023-10-132023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402023-07-132023-07-142023-07-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Methode Electronics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.56/12.30
=4.55 %

Current Share Price is $12.30.
Methode Electronics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.56.

Methode Electronics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.56/12.30
=4.55 %

Current Share Price is $12.30.
Methode Electronics's Dividends per Share for the forward twelve months is calculated as $0.14 * 4 = $0.56.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Methode Electronics  (NYSE:MEI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Methode Electronics Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Methode Electronics's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Methode Electronics (Methode Electronics) Business Description

Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Executives
Donald W Duda officer: President
Walter J Aspatore director 255 E BROWN STREET, SUITE 120, BIRMINGHAM MI 48009
Lawrence B Skatoff director 200 SOUTH MICHIGAN AVE, CHICAGO IL 60604
Brian J Cadwallader director 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Darren Dawson director C/O METHODE ELECTRONICS, INC., 7401 WEST WILSON AVENUE, CHICAGO IL 60706
Joseph Elias Khoury officer: Vice President 7401 W. WILSON AVENUE, HARWOOD HEIGHTS IL 60706
Kerry A. Vyverberg officer: General Counsel 8750 W. BRYN MAWR AVE., SUITE 1000, CHICAGO IL 60631
Timothy Glandon officer: VP&GM NA Automotive 7401 W. WILSON AVENUE, CHICAGO IL 60706
Janie Goddard director C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Tsoumas Ronald L.g. officer: Controller & Treasurer 7401 W. WILSON AVE., CHICAGO IL 60706
Anil Shetty officer: VP Methode & Pres. Dabir Surf. 7401 WEST WILSON AVENUE, CHICAGO IL 60706
Kevin Michael Martin officer: Vice President, North America 8750 WEST BRYN MAWR AVENUE, SUITE 1000, CHICAGO IL 60631
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Therese M Bobek director 685 SKYE LN, INVERNESS IL 60010
David P Blom director 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085