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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | ₹2.25 | annually | 2024-09-22 |
2023-09-08 | ₹1.00 | annually | 2023-10-15 |
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
Macrotech Developers Dividend FAQ
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.
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