City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) 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 trading hands.
City Developments Trading Down 10.5%
The firm has a fifty day moving average price of $4.03 and a two-hundred day moving average price of $3.84. 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 declared a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 6th were issued a dividend of $0.0477 per share. This represents a dividend yield of 1.25%. This is a boost from City Developments's previous dividend of $0.01. The ex-dividend date was Monday, May 5th.
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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