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MIC Electronics Limited designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication equipment worldwide. The company offers indoor lighting products comprising area lights, down lights, tube lights, and bulbs; outdoor lighting products, such as street, parking, and industrial lights; solar lighting products, including street and home lighting products; and portable products, such as lanterns, home lights, and angels. It also provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, and perimeter displays; mobile displays comprising trailer and truck displays; and application-specific displays, such as passenger information displays and infrastructure equipment for digital theme parks, as well as oxygen concentrators. The company was incorporated in 1988 and is headquartered in Hyderabad, India.

MIC Electronics Dividend Announcement

• MIC Electronics announced a annually dividend of ₹0.40 per ordinary share which will be made payable on . Ex dividend date: 2009-12-23
• MIC Electronics's trailing twelve-month (TTM) dividend yield is -%

MIC Electronics Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-12-23₹0.40annually
2008-12-22₹0.40annually
2007-12-14₹1.60annually

MIC Electronics Dividend per year

MIC Electronics Dividend growth

MIC Electronics Dividend Yield

MIC Electronics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing MIC Electronics stock? Use our calculator to estimate your expected dividend yield:

MIC Electronics Financial Ratios

P/E ratio35.22
PEG ratio0.45
P/B ratio9.20
ROE38.77%
Payout ratio0.00%
Current ratio2.60
Quick ratio2.34
Cash Ratio0.06

MIC Electronics Dividend FAQ

Does MIC Electronics stock pay dividends?
MIC Electronics does not currently pay dividends to its shareholders.
Has MIC Electronics ever paid a dividend?
No, MIC Electronics has no a history of paying dividends to its shareholders. MIC Electronics is not known for its dividend payments.
Why doesn't MIC Electronics pay dividends?
There are several potential reasons why MIC Electronics would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will MIC Electronics ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While MIC Electronics has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is MIC Electronics a dividend aristocrat?
MIC Electronics is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MIC Electronics a dividend king?
MIC Electronics is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MIC Electronics a dividend stock?
No, MIC Electronics is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy MIC Electronics stocks?
To buy MIC Electronics you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy MIC Electronics stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.