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MIC Electronics (NSE:MICEL) Forward Dividend Yield % : 0.00% (As of May. 26, 2024)


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What is MIC Electronics Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of MIC Electronics is 0.00%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of MIC Electronics is 0.00%.

NSE:MICEL's Forward Dividend Yield % is not ranked *
in the Hardware industry.
Industry Median: 2.44
* Ranked among companies with meaningful Forward Dividend Yield % only.

MIC Electronics's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MIC Electronics's Forward Dividend Yield %

For the Electronic Components subindustry, MIC Electronics's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MIC Electronics's Forward Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MIC Electronics's Forward Dividend Yield % falls into.



MIC Electronics Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


MIC Electronics  (NSE:MICEL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MIC Electronics Forward Dividend Yield % Related Terms

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MIC Electronics (NSE:MICEL) Business Description

Traded in Other Exchanges
Address
Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops and manufactures light-emitting diode (LED) video displays, high-end electronic and telecommunication equipment, and development of telecom software. The operating segments of the group are LED products; Medical appliances and Automobiles. Its products include LED Lighting, LED Displays, Oxygen concentrators and Batteries. The group primarily derives revenue from India.

MIC Electronics (NSE:MICEL) Headlines

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