CHICAGO, IL--(Marketwire - Mar 15, 2013) -  Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced today that its board of directors has declared a quarterly dividend of $0.07 per share to be paid on April 26, 2013, to common stockholders of record at the close of business on April 12, 2013.