Methode Electronics' Board Approves Dividend
September 17 2009 - 4:47PM
Marketwired
Methode Electronics, Inc. (NYSE: MEI), a global designer and
manufacturer of electro-mechanical devices, announced today that
its board of directors has declared a quarterly dividend of $0.07
per share to be paid on October 30, 2009, to common stockholders of
record at the close of business on October 16, 2009.
Additionally, Methode's stockholders ratified the reelection of
each member of its board of directors, as well as ratified the
Audit Committee's selection of Ernst & Young LLP to serve as
its independent registered public accounting firm for the fiscal
year ending May 1, 2010; at its annual meeting of shareholders held
today.
About Methode Electronics, Inc.
Methode Electronics, Inc. (NYSE: MEI) is a global designer and
manufacturer of electro-mechanical devices with manufacturing,
design and testing facilities in the United States, Malta, Mexico,
United Kingdom, Germany, Czech Republic, China, Singapore, the
Philippines and India. We design, manufacture and market devices
employing electrical, electronic, wireless, radio remote control,
sensing and optical technologies to control and convey signals
through sensors, interconnections and controls. Our business is
managed on a segment basis, with those segments being Automotive,
Interconnect, Power Products and Other. Our components are in the
primary end markets of the automobile, computer, information
processing and networking equipment, voice and data communication
systems, consumer electronics, appliances, aerospace vehicles and
industrial equipment industries. Further information can be found
on Methode's Web site www.methode.com.
For Methode Electronics Inc. - Investor Contacts: Philip Kranz
Dresner Corporate Services 312-780-7240 pkranz@dresnerco.com
Kristine Walczak Dresner Corporate Services 312-780-7205
kwalczak@dresnerco.com
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