City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $4.57, but opened at $4.88. City Developments shares last traded at $4.88, with a volume of 393 shares traded.
City Developments Trading Up 9.4%
The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.94. The company's fifty day moving average price is $4.03 and its two-hundred day moving average price is $3.84.
City Developments Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, May 6th were given a dividend of $0.0477 per share. The ex-dividend date was Monday, May 5th. This represents a yield of 1.25%. This is a boost from City Developments's previous dividend of $0.01.
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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