May 1st - $CITY DEVELOPMENTS SPND ADR-EACH REPR 1 ORD NPV (CDEVY.US)$ is trading ex-dividend on May 2nd, 2023.
Shareholders of record on May 3rd, 2023 will receive 0.05941 USD dividend per share and 0.05941 USD special dividend per share on June 2nd, 2023. The ex-dividend date is May 2nd, 2023.
What Is a Cash Dividend?
A cash dividend is a payment made by a company to its shareholders in the form of periodic distributions of cash.
Cash dividends provide investors income, but come with tax consequences; they also cause the company's share price to drop.
What Is a Stock Dividend?
A stock dividend is a dividend paid to shareholders in the form of additional shares in the company.
Stock dividends are not usually taxed, increase the shareholder's stake in the company and give them the choice to keep or sell the shares; they also dilute the value of existing shares.
Note:
The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.