City Developments Ltd. (OTCMKTS:CDEVY) Announces Dividend of $0.02

City Developments Ltd. (OTCMKTS:CDEVY) declared a dividend on Wednesday, August 20th, investing.com reports. Shareholders of record on Tuesday, August 26th will be given a dividend of 0.0188 per share on Monday, September 15th. This represents a yield of 35.0%. The ex-dividend date of this dividend is Monday, August 25th.

City Developments Trading Down 13.4%

Shares of City Developments stock opened at $4.80 on Thursday. The firm has a 50-day simple moving average of $4.52 and a two-hundred day simple moving average of $4.02. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.94. City Developments has a fifty-two week low of $3.24 and a fifty-two week high of $5.54.

About City Developments

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.