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Cello World Limited manufactures and sells consumer houseware and glassware products in India and internationally. The company offers drinkware products, including bottles, flasks, jugs, tea sets, coffee mugs, and tumblers; lunch boxes and carriers; storage, water jugs, chillers, and ice pails; dinnerware products, such as dinner sets, minimalistic melamine dinner sets, casseroles, trays, and serve wares; bakeware and gift sets; and kitchen appliances, cookware series, cleaning aids for homes comprising brushes, wipers and brooms, mops, sponge wipes and cloths, dustbins, and bathroom accessories, such as bathroom sets, buckets, tubs and basins, laundry baskets, stools and patlas, mugs, and soap cases. It also provides health products, including UV sanitizers, air purifiers, and fruit and vegetable washers; household appliances; and furniture products, such as chairs, dining tables, desks, stools and storages, shelves, racks, and cabinets. It also sells its products through online. The company was founded in 1958 and is based in Goregaon, India.

Cello World Dividend Announcement

• Cello World announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-02
• Cello World annual dividend for 2024 was ₹1.50
• Cello World's trailing twelve-month (TTM) dividend yield is 0.2%
• Cello World's payout ratio for the trailing twelve months (TTM) is 1.35%

Cello World Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-02₹1.50annually2024-09-09

Cello World Dividend per year

Cello World Dividend Yield

Cello World current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Cello World stock? Use our calculator to estimate your expected dividend yield:

Cello World Financial Ratios

P/E ratio49.16
PEG ratio0.49
P/B ratio8.33
ROE23.72%
Payout ratio1.35%
Current ratio7.14
Quick ratio5.14
Cash Ratio0.13

Cello World Dividend FAQ

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