City Developments Dividend yield

 Price  7.97
 Dividend  0.34
 Earnings  0.61
 Cash-flow  0.92
 Book value  11.39
 Equity  10.89

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 paid a total dividend of 308 million SGD last year, for a market value of 7,229 millions (Market Cap 3,728 millions). Dividend per share of City Developments is 0.34 SGD, and his stock market price 7.97 SGD.

According to the chart below, where dividend yield is displayed, City Developments has a dividend yield of 4.27%, which is higher than the amount offered by both the market average and companies from Singapore. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare City Developments dividend yield with other Real Estate Investment and Services companies or firms from Singapore.

Dividend yield of City Developments

City Developments Dividend Payout

About the ability of City Developments to maintain his current dividend of SGD 0.34 per share, an amount that accounts for 4.27%, we should study its payout ratio both on earnings and on cash-flows (see chart below). City Developments payout on ernings is currently 55.74%, which is higher than the market average, and companies of Financials industry, which are 38.57% and 41.00% respectively. Both figures show that City Developments can have problems to keep with his present dividend yield.

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 0.92 per share, which is higher than the dividend per share paid by the company of SGD 0.34, so the company generates 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 payout

City Developments Dividend History

Year Yield  SGD  Paypout  Shares* 

*In millions

City Developments Stock performance

Finally, last moth City Developments showed a return of 2.20% compared to a worldwide 3.99% average, and a 3.02% of Financials firms. Over the last year, the company obtained a -27.20% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Singapore and Real Estate Investment and Services firms.

City Developments stock and market return