Shares of City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $4.55 and last traded at $4.55, with a volume of 11310 shares. The stock had previously closed at $4.25.
City Developments Price Performance
The stock has a fifty day simple moving average of $3.95 and a 200-day simple moving average of $3.80. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.81 and a current ratio of 0.81.
City Developments Increases Dividend
The company also recently announced a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, May 6th were issued a dividend of $0.0477 per share. This represents a yield of 1.25%. The ex-dividend date of this dividend was Monday, May 5th. This is a boost from City Developments's previous dividend of $0.01.
City Developments Company Profile
(
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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.
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