Methode Electronics, Inc. (NYSE:MEI) Updates On Quarterly Dividend


As per Methode Electronics, Inc. (NYSE:MEI) statement on 2016-06-16, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.09 per share as dividend to stakeholders. The record date is set as 2016-07-15, the payout date as 2016-07-29 and the ex-dividend date is 2016-07-13.

Last fiscal Methode Electronics, Inc. (NYSE:MEI) disbursed cash dividend of $0.09. A year ago, the payout was $0.09, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.09, implying 5.1548% growth.

For the period ended on 2016-04-30, Methode Electronics, Inc. (NYSE:MEI)’s earnings came at $0.57 per share compared to EPS of $0.54 a year ago. This quarter the firm can post earnings for quarter ending 2016-10-31 on or around 2016-12-08. For this quarter, the analysts have earnings estimate of $0.55 per share.

The interim price target for Methode Electronics, Inc. (NYSE:MEI) is set at $42.375. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Methode Electronics, Inc. (NYSE:MEI) is seen at $46 and the lowest level is established at $37. This broad range highlights a standard deviation of $3.944 in reported estimates.

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