WSFX Global Pay Ltd. engages in the provision of financial services. It also deals with the business of forex and money transfer. The firm provides forex prepaid cards, outward remittance services and currency exchange services to corporate travelers, leisure travelers, students and millennials. The company was founded on April 25, 1986 and is headquartered in Mumbai, India.
WSFX Global Pay Dividend Announcement
• WSFX Global Pay announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-13
• WSFX Global Pay annual dividend for 2024 was ₹1.00
• WSFX Global Pay's trailing twelve-month (TTM) dividend yield is 0.88%
WSFX Global Pay Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-13 | ₹1.00 | annually | 2024-09-23 |
| 2020-09-09 | ₹1.50 | annually | 2020-10-17 |
| 2019-09-16 | ₹1.50 | annually | 2019-10-24 |
| 2017-11-10 | ₹4.25 | annually | 2017-12-03 |
WSFX Global Pay Dividend per year
WSFX Global Pay Dividend Yield
WSFX Global Pay current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing WSFX Global Pay stock? Use our calculator to estimate your expected dividend yield:
WSFX Global Pay Financial Ratios
P/E ratio26.85
PEG ratio0.72
P/B ratio4.16
ROE16.04%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
WSFX Global Pay Dividend FAQ
Does WSFX Global Pay stock pay dividends?
WSFX Global Pay does not currently pay dividends to its shareholders.
Has WSFX Global Pay ever paid a dividend?
No, WSFX Global Pay has no a history of paying dividends to its shareholders. WSFX Global Pay is not known for its dividend payments.
Why doesn't WSFX Global Pay pay dividends?
There are several potential reasons why WSFX Global Pay 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.
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 WSFX Global Pay 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 WSFX Global Pay 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 WSFX Global Pay a dividend aristocrat?
WSFX Global Pay 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 WSFX Global Pay a dividend king?
WSFX Global Pay 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 WSFX Global Pay a dividend stock?
No, WSFX Global Pay 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 WSFX Global Pay stocks?
To buy WSFX Global Pay 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 WSFX Global Pay 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.
Place an order: Use the brokerage's trading platform to place an order to buy WSFX Global Pay 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.