Westlife Foodworld Dividend
Dividend criteria checks 2/6
Westlife Foodworld is a dividend paying company with a current yield of 0.84% that is well covered by earnings.
Key information
0.8%
Dividend yield
50%
Payout ratio
Industry average yield | 0.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹5.68 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 505533's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 505533's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Westlife Foodworld Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (505533) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Hospitality) | 0.3% |
Analyst forecast in 3 Years (505533) | 0.5% |
Notable Dividend: 505533's dividend (0.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 505533's dividend (0.84%) is low compared to the top 25% of dividend payers in the Indian market (1.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), 505533's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106.9%), 505533's dividend payments are not well covered by cash flows.