City Developments Dividend yield

City Developments is part of Real Estate Investment and Services business, which is part of Financials industry. City Developments is a company from Singapore, and his stocks are publicly traded.

City Developments stock dividend

City Developments paid a total dividend of 181 million SGD last year, for a market value of 6,059 millions (Market Cap 3,125 millions). City Developments dividend per share is 0.20 SGD, and his stock market price 6.68 SGD.

According to the chart below, where dividend yield is displayed, City Developments has a dividend yield of 2.99%, lower than the amount offered by both the market average and companies from Singapore. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare City Developments stocks dividend with other Real Estate Investment and Services companies or other of the best Singapore dividend stocks list.

City Developments Dividend Payout

About the ability of City Developments to maintain his current dividend of SGD 0.20 per share, an amount that accounts for 2.99%, we should study its payout ratio both on earnings and on cash-flows (see chart below). City Developments payout on ernings is currently 14.39%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that City Developmentscan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of City Developments is SGD -0.29 per share, which is lower than the dividend per share paid by the company of SGD 0.20, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of City Developments, compared againt world market average, Singapore companies, Financials industry and Real Estate Investment and Services sector companies.

City Developments Dividend History

Below you will find a table with the historical evolution of City Developments's dividend stock, both in percentage and in SGD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	SGD	Paypout	Shares*
Present	2.99%	0.20	14.39%	907
2022	2.55%	0.21	233.33%	907
2021	2.20%	0.15	-7.04%	907
2020	4.27%	0.34	55.74%	907
2019	1.83%	0.20	33.33%	907
2018	2.46%	0.20	34.48%	909
2017	1.28%	0.16	22.54%	909
2016	1.90%	0.16	19.05%	909
2015	1.63%	0.12	14.46%	909

*In millions

Then you can see the evolution of City Developments dividend stock, and compare it with the average of Singapore stocks and that of the Real Estate Investment and Services stocks.

City Developments Stock performance

Finally, last moth City Developments showed a return of -9.60% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -17.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Singapore and Real Estate Investment and Services firms.