Westlife Development Limited, through its subsidiary, Hardcastle Restaurants Private Limited, owns and operates a chain of McDonald's restaurants in Western and Southern India. The company operates through various formats and brand extensions, such as standalone restaurants, drive-thru's, mall food courts, McDelivery, McBreakfast, McCafe, and dessert kiosks. As of July 29, 2022, it operated 331 restaurants, 267 McCafe's, 65 drive-throughs, and 132 restaurants across 48 cities in India. Westlife Development Limited was incorporated in 1982 and is based in Mumbai, India.
Westlife Development Dividend Announcement
• Westlife Development announced a annually dividend of ₹3.45 per ordinary share which will be made payable on 2023-08-26. Ex dividend date: 2023-08-08
• Westlife Development's trailing twelve-month (TTM) dividend yield is -%
Westlife Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-08 | ₹3.45 | annually | 2023-08-26 |
Westlife Development Dividend per year
Westlife Development Dividend Yield
Westlife Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Westlife Development stock? Use our calculator to estimate your expected dividend yield:
Westlife Development Financial Ratios
Westlife Development 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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