City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.88 and traded as low as $3.68. City Developments shares last traded at $4.04, with a volume of 168,650 shares changing hands.
City Developments Price Performance
The stock's fifty day moving average is $3.90 and its 200-day moving average is $3.78. 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 Increases Dividend
The company 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. This is a positive change from City Developments's previous dividend of $0.01. The ex-dividend date of this dividend was Monday, May 5th. This represents a yield of 1.25%.
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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