City Developments Limited (OTCMKTS:CDEVY – Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.25 and traded as low as $3.85. City Developments shares last traded at $3.85, with a volume of 158,395 shares changing hands.
City Developments Price Performance
The business has a fifty day moving average of $4.25 and a 200 day moving average of $4.44.
City Developments Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, May 31st. Investors of record on Monday, May 6th were issued a $0.0523 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This is a boost from City Developments’s previous dividend of $0.03.
City Developments Company Profile
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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