City Developments Dividend
Dividend criteria checks 2/6
City Developments is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
2.0%
Dividend yield
24%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.34 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why
Apr 17
City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 01Is City Developments (SGX:C09) Using Too Much Debt?
Mar 22City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 01City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 08Is There Now An Opportunity In City Developments Limited (SGX:C09)?
Nov 20Is City Developments (SGX:C09) A Risky Investment?
Nov 01City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price
Sep 04At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?
Aug 09These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
May 19Is There Now An Opportunity In City Developments Limited (SGX:C09)?
Apr 20These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
Dec 23What Does City Developments Limited's (SGX:C09) Share Price Indicate?
Nov 01City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt
Aug 15What Is City Developments Limited's (SGX:C09) Share Price Doing?
Feb 09Is City Developments (SGX:C09) Using Debt Sensibly?
Dec 28Is City Developments (SGX:C09) Using Too Much Debt?
Sep 20Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?
Aug 03Why City Developments Limited (SGX:C09) Could Be Worth Watching
Jul 06A Look At The Fair Value Of City Developments Limited (SGX:C09)
Apr 30Is City Developments (SGX:C09) Using Too Much Debt?
Mar 25City Developments'(SGX:C09) Share Price Is Down 44% Over The Past Three Years.
Feb 21Something To Consider Before Buying City Developments Limited (SGX:C09) For The 2.7% Dividend
Jan 24What Type Of Shareholders Own The Most Number of City Developments Limited (SGX:C09) Shares?
Jan 06Are City Developments's (SGX:C09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 19
Is City Developments Limited (SGX:C09) Potentially Undervalued?
Dec 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C09's dividend payments have been volatile in the past 10 years.
Growing Dividend: C09's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| City Developments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (C09) | 2.0% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.3% |
| Industry Average (Real Estate) | 4.4% |
| Analyst forecast in 3 Years (C09) | 2.6% |
Notable Dividend: C09's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.7%).
High Dividend: C09's dividend (2%) is low compared to the top 25% of dividend payers in the SG market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), C09's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), C09's dividend payments are well covered by cash flows.