Methode Electronics cuts dividend by 50%

Methode Electronics (MEI) will cut its semi-annual dividend by 50% to 7 cents per share.

The Methode Electronics, Inc. board of directors has declared a quarterly dividend of $0.07 per share to be paid on August 1, 2025, to common stockholders of record at the close of business on July 21, 2025. The dividend yield is 4.2% at a stock price of $6.72.

Methode Electronics, Inc. is a global developer of custom engineered and application specific products and solutions. The company designs, manufactures and markets devices employing electrical, electronic, wireless, safety radio remote control, sensing and optical technologies to control and convey signals through sensors, interconnections and controls. Our components are in the primary end markets of the automobile, computer, information processing and networking equipment, voice and data communication systems, consumer electronics, appliances, aerospace vehicles and industrial equipment industries. MEI has manufacturing, design and testing facilities in Belgium, Canada, China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, Singapore, Switzerland, the United Kingdom and the United States.