City Developments Limited (OTCMKTS:CDEVY – Get Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.32 and traded as high as $4.54. City Developments shares last traded at $4.48, with a volume of 33,151 shares trading hands.
City Developments Stock Performance
The company’s 50 day simple moving average is $4.32 and its two-hundred day simple moving average is $4.53.
City Developments Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 6th will be issued a dividend of $0.0523 per share. This is a boost from City Developments’s previous dividend of $0.03. The ex-dividend date of this dividend is Friday, May 3rd.
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.
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