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NEW YORK ( TheStreet) -- The ex-dividend date for Methode Electronics (NYSE: MEI) is tomorrow, April 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $8.72 as of 9:30 a.m. ET, the dividend yield is 3.2%. The average volume for Methode has been 123,500 shares per day over the past 30 days. Methode has a market cap of $380.6 million and is part of the technology sector and electronics industry. Shares are up 4.6% year to date as of the close of trading on Monday. Methode Electronics, Inc. engages in the design and manufacture of electro-mechanical devices in North America, Europe, and the Asia-Pacific. The company has a P/E ratio of 26.8, above the average electronics industry P/E ratio of 21.4 and above the S&P 500 P/E ratio of 17.7.