Methode Electronics, Inc. (MEI) Ex-Dividend Date Scheduled for July 10, 2013

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Methode Electronics, Inc. ( MEI ) will begin trading ex-dividend on July 10, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on July 26, 2013. Shareholders who purchased MEI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that MEI has paid the same dividend. At the current stock price of $18.08, the dividend yield is 1.55%.

The previous trading day's last sale of MEI was $18.08, representing a -3.73% decrease from the 52 week high of $18.78 and a 117.83% increase over the 52 week low of $8.30.

MEI is a part of the Capital Goods sector, which includes companies such as ABB Ltd ( ABB ) and Agilent Technologies, Inc. ( A ). MEI's current earnings per share, an indicator of a company's profitability, is $1.08. Zacks Investment Research reports MEI's forecasted earnings growth in 2014 as 102.61%, compared to an industry average of 10.3%.

For more information on the declaration, record and payment dates, visit the MEI Dividend History page.

Interested in gaining exposure to MEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have MEI as a top-10 holding:

  • First Trust Small Cap Value AlphaDEX Fund ( FYT )
  • First Trust Small Cap Core AlphaDEX ( FYX ).

The top-performing ETF of this group is FYT with an increase of 14.79% over the last 100 days. It also has the highest percent weighting of MEI at 0.79%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: A , ABB , FYT , FYX , MEI

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