company-logo

Macrotech Developers Limited, through its subsidiaries, engages in the construction and development of residential and commercial real estate properties in India and the United Kingdom. The company develops and markets affordable and mid-income housing projects under the CASA by LODHA and CROWN LODHA QUALITY HOMES brands; premium and luxury projects under the LODHA BUILDING A BETTER LIFE and LODHA LUXURY brands; office spaces under the LODHA iTHINK, LODHA EXCELUS, LODHA SUPREMUS, and LODHA SIGNET brands; retail spaces under the xperia and boulevard brands; and digital infrastructure under the LODHA INDUSTRIAL AND LOGISTICS PARKS. It is also involved in facility management, marketing and sales, and support activities. The company was formerly known as Lodha Developers Limited and changed its name to Macrotech Developers Limited in May 2019. Macrotech Developers Limited was founded in 1980 and is headquartered in Mumbai, India.

Macrotech Developers Dividend Announcement

Macrotech Developers announced a annually dividend of ₹2.25 per ordinary share which will be made payable on 2024-09-22. Ex dividend date: 2024-08-16
Macrotech Developers annual dividend for 2024 was ₹2.25
Macrotech Developers annual dividend for 2023 was ₹1.00
Macrotech Developers's trailing twelve-month (TTM) dividend yield is 0.16%
Macrotech Developers's payout ratio for the trailing twelve months (TTM) is 4.66%

Macrotech Developers Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-16₹2.25annually2024-09-22
2023-09-08₹1.00annually2023-10-15

Macrotech Developers Dividend per year

Macrotech Developers Dividend Yield

Macrotech Developers current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Macrotech Developers stock? Use our calculator to estimate your expected dividend yield:

Macrotech Developers Financial Ratios

P/E ratio66.27
PEG ratio-36.99
P/B ratio7.53
ROE12.40%
Payout ratio4.66%
Current ratio1.68
Quick ratio0.36
Cash Ratio0.03

Macrotech Developers Dividend FAQ

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