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Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates in two segments, Air; and Packages, Hotels and Other Travel Products. It offers airline tickets; and travel packages, hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. The company also provides a technology platform for its travel suppliers to manage the distribution of their travel products and access to traveler customers. In addition, it offers travel products and services under the Despegar, Decolar, Best Day, BD Experience, and HotelDo brands. Further, the company operates Koin, an online payment and consumer lending services platform. Despegar.com, Corp. was founded in 1999 and is based in Buenos Aires, Argentina.

Despegar.com Dividend Announcement

• Despegar.com does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Despegar.com dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Despegar.com Dividend History

Despegar.com Dividend Yield

Despegar.com current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Despegar.com stock? Use our calculator to estimate your expected dividend yield:

Despegar.com Financial Ratios

P/E ratio38.61
PEG ratio1.71
P/B ratio-18.22
ROE-3271.66%
Payout ratio61.64%
Current ratio0.83
Quick ratio0.83
Cash Ratio0.27

Despegar.com Dividend FAQ

Does Despegar.com stock pay dividends?
Despegar.com does not currently pay dividends to its shareholders.
Has Despegar.com ever paid a dividend?
No, Despegar.com has no a history of paying dividends to its shareholders. Despegar.com is not known for its dividend payments.
Why doesn't Despegar.com pay dividends?
There are several potential reasons why Despegar.com 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.
Will Despegar.com 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 Despegar.com 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 Despegar.com a dividend aristocrat?
Despegar.com 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 Despegar.com a dividend king?
Despegar.com 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 Despegar.com a dividend stock?
No, Despegar.com 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 Despegar.com stocks?
To buy Despegar.com 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 Despegar.com 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.