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MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

MakeMyTrip Dividend Announcement

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

MakeMyTrip Dividend History

MakeMyTrip Dividend Yield

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

MakeMyTrip Financial Ratios

P/E ratio51.00
PEG ratio-0.28
P/B ratio10.28
ROE21.92%
Payout ratio0.00%
Current ratio2.82
Quick ratio2.81
Cash Ratio1.14

MakeMyTrip Dividend FAQ

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