Westlife Foodworld Ltd Dividend 2023 : Should Westlife Foodworld Ltd be a part of your dividend portfolio?
Westlife Foodworld Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹15,096.18Cr. Its share price is ₹947.60 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Westlife Foodworld Ltd gave ₹3.45 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Westlife Foodworld Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Westlife Foodworld Ltd has declared dividend of ₹3.45 - translating a dividend yield of 0.36%.
Let's look at Westlife Foodworld Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Westlife Foodworld Ltd’s revenue were ₹619.82Cr in the quarter ending June 2023. The revenue grew by 14.84% year on year basis since last quarter.
Westlife Foodworld Ltd’s profits were ₹28.83Cr in the quarter ending June 2023. The profits grew by 22.26% year on year basis since last quarter.
Westlife Foodworld Ltd’s dividend was ₹3.45 in the quarter ending June 2023.