Markets.News
Investors are keeping an eye on Methode Electronics, Inc. (NYSE: MEI) ahead of its fourth-quarter report on June 24. The company currently offers an annual dividend yield of 1.73% and pays a quarterly dividend of 5 cents per share (20 cents per year). To earn $500 monthly from Methode Electronics, an investor would need to own around 30,000 shares, which is equivalent to approximately $347,100 worth of the company's stock. For a more modest goal of $100 monthly, an investor would need around 6,000 shares, equal to about $69,420. The full article with additional details can be found on Benzinga.com.