MakeMyTrip Limited Dividends
The next dividend date for MakeMyTrip Limited has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for MakeMyTrip Limited (MMYT)
More About MakeMyTrip Limited
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
Owning MakeMyTrip Limited Stock on the Dividend Date
If you own MakeMyTrip Limited stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of MakeMyTrip Limited stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of MakeMyTrip Limited stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying MakeMyTrip Limited stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the MakeMyTrip Limited dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More MakeMyTrip Limited Dividends
You can contact us any time if you would like to ask questions about MakeMyTrip Limited dividends or anything else related to the stock market.