Despegar.com is a holding company. Through its subsidiaries, Co. is engaged in providing its traveler customers a product offering, including airline tickets, packages, hotels and other travel-related products, which enables them to find, compare, plan and purchase travel products through its marketplace. Co. provides a range of travel and travel-related products catering to the needs of Latin Americans traveling domestically within their own country of origin, to other countries in the Latin American region and outside of Latin America. Co. provides these travelers with tools and information, in multiple languages, that they need to research, plan, book and purchase travel products. The DESP stock yearly return is shown above.
The yearly return on the DESP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the DESP annual return calculation with any dividends reinvested as applicable (on ex-dates).
|