MIC Electronics Dividend & Ex-dividend History
MICEL • No Dividend Payments
Related Analysis
- For the full company profile including live price and ratios, see MICEL screener.
- Compare with MICEL fair value to assess whether the stock is under or overvalued.
- See MICEL P/B ratio history to compare market price against book value per share.
MICEL Capital Gains vs Capital Goods Sector Dividend Yield
MIC Electronics Revenue, Net Profit & Cash Flow — No Dividend Payout
MICEL revenue, net profit, operating cash flow and free cash flow — earnings retained for reinvestment rather than dividend distribution.
Profitability
Revenue (2026)
₹51 Cr
Net Profit
₹-18 Cr
Profit Margin
-35.3%
Profits retained for growth
Cash Generation
Operating Cash Flow
₹3 Cr
Free Cash Flow
₹-6 Cr
Available for reinvestment or dividends
Capital Goods Sector Dividend Yield & Payout Landscape
MICEL vs Capital Goods peers — sector dividend payout rate, average yield and companies paying dividends.
75.0%
Companies Pay Dividends
1.2%
Average Dividend Yield
7.66%
Highest Yield
20
Total Companies Analyzed
Top Dividend-Paying Companies in Capital Goods
ABB
ABB
0.4%
Bharat Heavy Electricals
BHEL
1.54%
Siemens
SIEMENS
0.71%
Hitachi Energy
POWERINDIA
0.04%
CG Power & Industrial Solutions
CGPOWER
0.08%
MICEL Sector Peers Paying Dividends — Capital Goods
Dividend-paying stocks in the Capital Goods sector with yield, ex-dividend date and dividend per share — income investing alternatives to MIC Electronics.
Forbes Precision Tools & Machine Parts
TOTEM • 3.1% yield
Last dividend: March 2026
View Dividend HistoryAxtel Industries
AXTEL • 2.73% yield
Last dividend: March 2026
View Dividend HistoryJosts Engineering Company
JOSTS • 2.27% yield
Last dividend: March 2026
View Dividend HistoryHercules Investments
HERCULES • 2.15% yield
Last dividend: March 2026
View Dividend HistoryJasch Gauging Technologies
JGTL • 1.87% yield
Last dividend: March 2026
View Dividend HistoryCapital Goods Sector — Dividend vs Non-Dividend Stock Returns
1-year price return comparison: dividend-paying peers vs non-dividend peers in the Capital Goods sector including MICEL.
Dividend-Paying Peers
Average Price Return
-8.74%
Aaron Industries
0.76% dividend yield
-35.64%
Aartech Solonics
0.18% dividend yield
-7.06%
ABB
0.33% dividend yield
35.32%
Non-Dividend Peers
Average Price Return
-11.43%
AA Plus Tradelink
No dividend payments
0.0%
Admach Systems
No dividend payments
0.0%
Artemis Electricals
No dividend payments
-37.74%
MICEL — STCG, LTCG & TDS on Dividends Compared
Capital gains tax rates (STCG, LTCG) on MIC Electronics vs TDS on dividend income — tax treatment for Indian investors.
Capital Gains Tax
Long-term (>1 year)
10.0%
LTCG Exemption
₹100,000
Short-term (<1 year)
15.0%
Long-term capital gains (>1 year holding) taxed at 10% above ₹1 lakh exemption
Dividend Tax
TDS Rate
10.0%
Tax Treatment
Added to Income
Dividends are subject to TDS at 10% if annual dividend exceeds ₹5,000
Frequently Asked Questions
Q: Why doesn't MIC Electronics pay dividends?
Based on available financial data, MIC Electronics retains its earnings for business operations and growth.
The company reported ₹-18 crores in net profit
for 2026, which has been retained rather than distributed as dividends.
Companies typically retain earnings to fund expansion, reduce debt, or build cash reserves.
Q: How does this compare to other companies in Capital Goods?
In the Capital Goods sector, 75.0% of companies currently pay dividends
with an average yield of 1.2%. MIC Electronics is among the
5 companies in our database that don't pay dividends.
Q: What returns have investors received instead of dividends?
Historical price performance data is not available for detailed analysis.
Q: Should I invest in this stock if I want income?
This stock provides returns through price appreciation rather than dividend income. For income-focused investors:
- Consider the tax efficiency of capital gains vs. dividends for your situation
- Look at dividend-paying alternatives in the same sector
- Consider combining growth stocks with dividend stocks for a balanced portfolio
Q: What's the tax difference between capital gains and dividends?
Current tax rates in India:
- Dividend income: 10% TDS (if annual dividend exceeds ₹5,000), added to taxable income
- Long-term capital gains: 10% on gains above ₹1,00,000
- Short-term capital gains: 15% flat rate