City Developments Ltd. (OTCMKTS:CDEVY) Declares Dividend of $0.02

Key Points

• City Developments Ltd. declared a dividend of $0.02 per share, with a yield of 35.0%, payable on September 15th to shareholders of record as of August 26th.
• The stock opened at $5.54, with a 52-week range of $3.24 to $5.54, and a debt-to-equity ratio of 0.94.
• City Developments is a major global real estate company, operating across 112 locations in 29 countries, and is one of the largest firms by market capitalization on the Singapore Exchange.

City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) declared a dividend on Wednesday, August 20th, investing.com reports. Stockholders of record on Tuesday, August 26th will be paid a dividend of 0.0188 per share on Monday, September 15th. This represents a dividend yield of 35.0%. The ex-dividend date of this dividend is Monday, August 25th.

City Developments Stock Performance

Shares of CDEVY stock traded up $0.0820 during trading hours on Friday, reaching $5.31. 1,066 shares of the stock were exchanged, compared to its average volume of 12,053. The business's fifty day moving average is $4.57 and its two-hundred day moving average is $4.04. City Developments has a 12-month low of $3.24 and a 12-month high of $5.54. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.94.

City Developments Company Profile

City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.