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 Featured MNV Articles:
| Methode Electronics, Inc. (MEI) Will Trade Ex-Div on 10/12/11By Dividend Channel Staff, Monday, October 10, 10:56 AM ET
On 10/12/11, Methode Electronics, Inc. (NYSE:MEI) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 10/28/11. As a percentage of MEI's recent stock price of $8.27, this dividend works out to approximately 0.85%. 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 3.39% on annualized basis is a reasonable expectation of annual yield going forward.
MEI operates in the Electronic Equipment & Products sector, among companies like Cognex Corp. (NASDAQ:CGNX) which is up about 2% today, and Belden Inc (NYSE:BDC) trading higher by about 4%. Below is a three month price history chart comparing the stock performance of MEI, versus CGNX and BDC.
In Monday trading, Methode Electronics, Inc. shares are currently up about 4.5% on the day. Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO'' The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
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