Westlife Foodworld 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, McCafe, McBreakfast, and dessert kiosks. The company was formerly known as Westlife Development Limited and changed its name to Westlife Foodworld Limited in November 2022. Westlife Foodworld Limited was incorporated in 1982 and is based in Mumbai, India.
Westlife Foodworld Dividend Announcement
• Westlife Foodworld 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 Foodworld annual dividend for 2023 was ₹3.45
• Westlife Foodworld's trailing twelve-month (TTM) dividend yield is -%
Westlife Foodworld Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-08 | ₹3.45 | annually | 2023-08-26 |
2009-03-16 | ₹2.50 | annually | |
2008-12-10 | ₹120.00 | annually | |
2008-09-26 | ₹80.00 | annually |
Westlife Foodworld Dividend per year
Westlife Foodworld Dividend Yield
Westlife Foodworld current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Westlife Foodworld stock? Use our calculator to estimate your expected dividend yield:
Westlife Foodworld Financial Ratios
Westlife Foodworld 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.
Place an order: Use the brokerage's trading platform to place an order to buy Westlife Foodworld 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.