City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as $4.90 and last traded at $4.57, with a volume of 4581 shares trading hands. The stock had previously closed at $4.41.
City Developments Stock Performance
The firm has a 50 day moving average of $4.01 and a 200-day moving average of $3.83. 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 business also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 6th were issued a $0.0477 dividend. The ex-dividend date was Monday, May 5th. This is a boost from City Developments's previous dividend of $0.01. This represents a dividend yield of 1.25%.
About City Developments
(
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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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