Methode Electronics’ Board Approves Dividend

Core Viewpoint - Methode Electronics, Inc. has declared a quarterly dividend of $0.14 per share, payable on January 31, 2025, to stockholders of record as of January 17, 2025 [1]. Company Overview - Methode Electronics, Inc. is a leading global supplier of custom-engineered solutions with operations in North America, Europe, the Middle East, and Asia [2]. - The company designs, engineers, and produces mechatronic products for OEMs, utilizing a broad range of technologies for user interface, lighting systems, power distribution, and sensor applications [2]. Market Segments - The solutions provided by Methode Electronics are utilized in various end markets, including transportation (automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliances [3]. - The business is managed on a segment basis, with key segments being Automotive, Industrial, and Interface [3].