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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 dateDividend amountDividend typePay date
2023-08-08₹3.45annually2023-08-26
2009-03-16₹2.50annually
2008-12-10₹120.00annually
2008-09-26₹80.00annually

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

P/E ratio592.50
PEG ratio1.18
P/B ratio21.54
ROE3.70%
Payout ratio0.00%
Current ratio0.56
Quick ratio0.17
Cash Ratio0.08

Westlife Foodworld Dividend FAQ

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