Methode Electronics, Inc. (MEI) will begin trading ex-dividend on July 15, 2021. A cash dividend payment of $0.14 per share is scheduled to be paid on July 30, 2021. Shareholders who purchased MEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 27.27% increase over prior dividend payment. At the current stock price of $47.97, the dividend yield is 1.17%.
The previous trading day's last sale of MEI was $47.97, representing a -4.43% decrease from the 52 week high of $50.20 and a 100.13% increase over the 52 week low of $23.97.
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 $3.19. Zacks Investment Research reports MEI's forecasted earnings growth in 2022 as 2.99%, compared to an industry average of 12.4%.
Interested in gaining exposure to MEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have MEI as a top-10 holding:
- Small Cap US Equity Select ETF (MEI).
The top-performing ETF of this group is RNSC with an increase of 11.4% over the last 100 days. It also has the highest percent weighting of MEI at 0.92%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.