MICEL
MIC Electronics Ltd
₹48.50
MIC Electronics Ltd Dividend 2024 : Should MIC Electronics Ltd be a part of your dividend portfolio?
MIC Electronics Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,104.35Cr. Its share price is ₹48.50 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, MIC Electronics Ltd gave ₹0.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as MIC Electronics Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2009, MIC Electronics Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.82%.
Let's look at MIC Electronics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- MIC Electronics Ltd’s revenue were ₹17.09Cr in the quarter ending September 2023. The revenue grew by 411.68% year on year basis since last quarter.
- MIC Electronics Ltd’s profits were ₹8.55Cr in the quarter ending September 2023. The profits grew by 12314.29% year on year basis since last quarter.
- MIC Electronics Ltd’s dividend was ₹0.40 in the quarter ending September 2009.
MIC Electronics Ltd Dividend related ratios:
- Last dividend date: 07/12/2009
- Current Dividend Yield: 0.82%
- Annual dividend payment: ₹0.40
History of MIC Electronics Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/12/2009 | CASH | ₹0.40 | 07/12/2009 | 25/12/2009 |
22/12/2008 | CASH | ₹0.40 | 19/11/2008 | 24/12/2008 |
14/12/2007 | CASH | ₹2 | 25/07/2007 | 18/12/2007 |
