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Micronet Ltd develops, manufactures, and markets mobile computing platforms for integration into fleet and mobile workforce management solutions. It offers Micronet SmarTab, an android rugged tablet designed for in vehicle and out of vehicle use; Micronet SmartCam, an all-in-one video telematics device; and Micronet SmartHub, a telematics on board computer. The company's products are used in various vertical markets, including long and short-haul trucking, public transportation, infrastructure, utilities, government, construction, waste management, public safety, and field services. The company was incorporated in 1982 and is based in Herzliya, Israel.

Micronet Dividend Announcement

• Micronet announced a semi annually dividend of ₪32.39 per ordinary share which will be made payable on . Ex dividend date: 2013-12-25
• Micronet's trailing twelve-month (TTM) dividend yield is -%

Micronet Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-12-25₪32.39semi annually
2013-01-24₪27.59semi annually
2012-06-14₪18.99semi annually
2008-09-01₪2.95semi annually
2007-03-20₪10.51semi annually

Micronet Dividend per year

Micronet Dividend growth

Micronet Dividend Yield

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

Micronet Financial Ratios

P/E ratio-1.18
PEG ratio2.13
P/B ratio0.95
ROE-67.29%
Payout ratio0.00%
Current ratio19.05
Quick ratio18.30
Cash Ratio17.37

Micronet Dividend FAQ

Does Micronet stock pay dividends?
Micronet does not currently pay dividends to its shareholders.
Has Micronet ever paid a dividend?
No, Micronet has no a history of paying dividends to its shareholders. Micronet is not known for its dividend payments.
Why doesn't Micronet pay dividends?
There are several potential reasons why Micronet 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 Micronet 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 Micronet 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 Micronet a dividend aristocrat?
Micronet 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 Micronet a dividend king?
Micronet 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 Micronet a dividend stock?
No, Micronet 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 Micronet stocks?
To buy Micronet 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 Micronet 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.