Micro-Mechanics (SGX: 5DD) has paid out a total of 137.9 cents per share in dividends since its SGX listing in 2003. For a stock that once traded below a dollar, that cumulative payout amounts to a return of over 700% in dividends alone. That track record is impressive enough. But the company’s latest results suggest it’s far from done.

Is Micro-Mechanics finding its stride again?

Micro-Mechanics just delivered its strongest nine-month performance since 9MFY2022. Revenue for 3QFY2026 rose 16.2% year on year (YoY) to S$18.6 million. Gross profit climbed 18.9% to S$9.6 million. Operating profit jumped 24.6% to S$5.2 million. Net profit came in at S$3.8 million, up 18.8%. The nine-month numbers were just as strong – revenue, gross profit, operating profit, and net profit all posted double-digit YoY growth. The consumable tools segment did most of the heavy lifting. This is the company’s recurring revenue engine, and it grew 20.9% YoY to S$14.4 million in 3QFY2026 – accounting for 77.6% of the quarter’s sales....