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| Reminder - Methode Electronics, Inc. (MEI) Goes Ex-Dividend 7/13/11By Dividend Channel Staff, Monday, July 11, 11:58 AM ET
On 7/13/11, Methode Electronics, Inc. (NYSE:MEI) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 7/29/11. As a percentage of MEI's recent stock price of $10.89, this dividend works out to approximately 0.64%. Below is a dividend history chart for MEI, showing historical dividends prior to the most recent $0.07 declared by Methode Electronics, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MEI is likely to continue, and whether the current estimated yield of 2.57% on annualized basis is a reasonable expectation of annual yield going forward.
MEI operates in the Electronic Equipment & Products sector, among companies like AU Optronics Corp. (NYSE:AUO) which is down about 2.9% today, and Polypore International Inc (NYSE:PPO) trading lower by about 2.7%. Below is a three month price history chart comparing the stock performance of MEI, versus AUO and PPO.
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