CITY DEVELOPMENTS LIMITED Dividend History
Annual Dividend per Share (SGD)
| Fiscal Year | Total DPS | Payments | YoY |
|---|---|---|---|
| FY2026 | 0.2500 | 1 | +733.3% |
| FY2025 | 0.0300 | 1 | -70.0% |
| FY2024 | 0.1000 | 2 | -50.0% |
| FY2023 | 0.2000 | 3 | +122.2% |
| FY2022 | 0.0900 | 2 | -40.0% |
| FY2021 | 0.1500 | 3 | -64.3% |
| FY2020 | 0.4200 | 6 | +110.0% |
| FY2019 | 0.2000 | 3 | +0.0% |
| FY2018 | 0.2000 | 3 | +25.0% |
| FY2017 | 0.1600 | 3 | +0.0% |
| FY2016 | 0.1600 | 3 | +0.0% |
| FY2015 | 0.1600 | 3 | +300.0% |
| FY2014 | 0.0400 | 1 | — |
All Dividend Payments
| Announced | Type | Amount / Share | Ex-Date | Record Date | Payment Date |
|---|---|---|---|---|---|
| 2026-02-27 | final | SGD 0.2500 | 2026-04-30 | 2026-05-04 | 2026-05-19 |
| 2025-08-13 | interim | SGD 0.0300 | 2025-08-19 | 2025-08-20 | 2025-09-05 |
| 2024-08-14 | interim | SGD 0.0200 | 2024-08-20 | 2024-08-21 | 2024-09-03 |
| 2024-02-28 | final | SGD 0.0800 | 2024-05-03 | 2024-05-06 | 2024-05-21 |
| 2023-08-10 | interim | SGD 0.0400 | 2023-08-18 | — | 2023-09-05 |
| 2023-02-23 | special | SGD 0.0800 | 2023-05-03 | — | 2023-05-23 |
| 2023-02-23 | final | SGD 0.0800 | 2023-05-03 | — | 2023-05-23 |
| 2022-02-25 | special | SGD 0.0100 | 2022-05-04 | — | 2022-05-26 |
| 2022-02-25 | final | SGD 0.0800 | 2022-05-04 | — | 2022-05-26 |
| 2021-08-12 | interim | SGD 0.0300 | 2021-08-23 | — | 2021-09-14 |
| 2021-02-26 | special | SGD 0.0400 | 2021-05-05 | — | 2021-05-21 |
| 2021-02-26 | final | SGD 0.0800 | 2021-05-05 | — | 2021-05-21 |
| 2020-06-02 | special | SGD 0.0600 | 2020-07-03 | — | 2020-07-16 |
| 2020-06-02 | final | SGD 0.0800 | 2020-07-03 | — | 2020-07-16 |
| 2020-04-09 | special | SGD 0.0600 | 2020-05-04 | — | 2020-05-21 |
| 2020-04-09 | final | SGD 0.0800 | 2020-05-04 | — | 2020-05-21 |
| 2020-02-26 | special | SGD 0.0600 | 2020-05-04 | — | 2020-05-21 |
| 2020-02-26 | final | SGD 0.0800 | 2020-05-04 | — | 2020-05-21 |
| 2019-08-08 | interim | SGD 0.0600 | 2019-08-23 | — | 2019-09-12 |
| 2019-02-21 | special | SGD 0.0600 | 2019-04-30 | — | 2019-05-23 |
| 2019-02-21 | final | SGD 0.0800 | 2019-04-30 | — | 2019-05-23 |
| 2018-08-08 | interim | SGD 0.0600 | 2018-08-23 | — | 2018-09-12 |
| 2018-02-28 | special | SGD 0.0600 | 2018-04-27 | — | 2018-05-23 |
| 2018-02-28 | final | SGD 0.0800 | 2018-04-27 | — | 2018-05-23 |
| 2017-08-11 | interim | SGD 0.0400 | 2017-08-17 | — | 2017-09-13 |
| 2017-02-23 | special | SGD 0.0400 | 2017-04-27 | — | 2017-05-22 |
| 2017-02-23 | final | SGD 0.0800 | 2017-04-27 | — | 2017-05-22 |
| 2016-08-11 | interim | SGD 0.0400 | 2016-08-19 | — | 2016-09-09 |
| 2016-02-25 | special | SGD 0.0400 | 2016-05-03 | — | 2016-05-20 |
| 2016-02-25 | final | SGD 0.0800 | 2016-05-03 | — | 2016-05-20 |
| 2015-08-13 | interim | SGD 0.0400 | 2015-08-20 | — | 2015-09-10 |
| 2015-02-16 | special | SGD 0.0400 | 2015-04-30 | — | 2015-05-20 |
| 2015-02-16 | final | SGD 0.0800 | 2015-04-30 | — | 2015-05-20 |
| 2014-08-14 | interim | SGD 0.0400 | 2014-08-21 | — | 2014-09-10 |
About CITY DEVELOPMENTS LIMITED Dividends
City Developments Limited has maintained dividend payments for 13 consecutive years, demonstrating long-term commitment to shareholder returns. However, the dividend per share has been volatile, fluctuating between SGD 0.03 and SGD 0.42 over the past eight years. The FY2026 distribution of SGD 0.2500 represents a meaningful recovery from the notably reduced FY2025 payout of SGD 0.03, suggesting management normalized distributions after what may have been a temporary capital constraint period. The pattern reflects the cyclical nature of real estate development, where earnings and cash flow generation vary considerably based on project cycles and market conditions. The extended payment streak through multiple market cycles—including the pandemic period—underscores management's priority on maintaining shareholder distributions despite sectoral headwinds. The sustainability of the FY2026 payout level remains contingent on earnings stability and project execution in upcoming years.
For full financial statements, balance sheet, and earnings history, see the CITY DEVELOPMENTS LIMITED company page. For more high-yield Singapore stocks, see the dividend rankings.