Mystic Electronics Ltd. engages in the procurement and trading of computer hardware and software products. It offers servers for thin clients, networking router fiber, networking switch, computer server blade, storage for data, and computer systems. The company was founded on August 30, 2011 and is headquartered in Mumbai, India.
Mystic Electronics Dividend Announcement
• Mystic Electronics does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Mystic Electronics dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Mystic Electronics Dividend History
Mystic Electronics Dividend Yield
Mystic Electronics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mystic Electronics stock? Use our calculator to estimate your expected dividend yield:
Mystic Electronics Financial Ratios
P/E ratio-10.31
PEG ratio-0.02
P/B ratio0.40
ROE-7.50%
Payout ratio0.00%
Current ratio750.07
Quick ratio750.07
Cash Ratio3.43
Mystic Electronics Dividend FAQ
Does Mystic Electronics stock pay dividends?
Mystic Electronics does not currently pay dividends to its shareholders.
Has Mystic Electronics ever paid a dividend?
No, Mystic Electronics has no a history of paying dividends to its shareholders. Mystic Electronics is not known for its dividend payments.
Why doesn't Mystic Electronics pay dividends?
There are several potential reasons why Mystic 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.
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 Mystic 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 Mystic 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 Mystic Electronics a dividend aristocrat?
Mystic 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 Mystic Electronics a dividend king?
Mystic 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 Mystic Electronics a dividend stock?
No, Mystic 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 Mystic Electronics stocks?
To buy Mystic 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 Mystic 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mystic 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.