Shares of City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) dropped 4.6% on Monday . The company traded as low as $4.15 and last traded at $4.15. Approximately 4,414 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 10,493 shares. The stock had previously closed at $4.35.
City Developments Stock Performance
The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.94. The stock's fifty day moving average is $3.90 and its two-hundred day moving average is $3.78.
City Developments Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, May 30th. Investors of record on Tuesday, May 6th were paid a $0.0477 dividend. 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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