Capitaland Investment Shares Gains on Proposed Higher Payout

Dow Jones

Feb 27, 2025

By Amanda Lee

CapitaLand Investment's shares are on track for their biggest one-day percentage gain in about five months, after it proposed higher dividends.

Shares of the Singapore-listed real estate group are up 3.2% at 2.58 Singapore dollars, equivalent to US$1.93, in Thursday morning trade.

The company said before the market open that its 2024 net profit more than doubled on the year to S$479 million, while revenue rose 1.4% compared to a year earlier to S$2.815 billion.

CapitaLand Investment has proposed a total dividend of S$0.18 a share for 2024. This includes a core dividend of S$0.12, as well as a special dividend-in-specie of 0.031 CapitaLand Integrated Commercial Trust units per share, valued at about S$0.06.

The company also plans to distribute up to 155 million units in CICT that it holds, representing around 2.12% of the units in the REIT. This would enable shareholders to participate in the growth of the REIT, the company said.

CapitaLand Investment's results show its resilient fee-income business, which explains its commitment to raise its annual dividend to a minimum 50% of cash profit after tax and minority interests, Citi Research analyst Brandon Lee said in a note.

The larger-than-expected 2024 dividend per share, should support its share price performance Thursday, Lee added.

Write to Amanda Lee at amanda.lee@wsj.com

(END) Dow Jones Newswires

February 26, 2025 22:33 ET (03:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2514917810"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2514917810\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2514917810?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-27 11:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514917810","market":"fut","top_or_hot":-1,"title":"Capitaland Investment Shares Gains on Proposed Higher Payout","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Amanda Lee \n</p>\n<pre>\n \n</pre>\n<p>\n  CapitaLand Investment's shares are on track for their biggest one-day percentage gain in about five months, after it proposed higher dividends. \n</p>\n<p>\n  Shares of the Singapore-listed real estate group are up 3.2% at 2.58 Singapore dollars, equivalent to US$1.93, in Thursday morning trade. \n</p>\n<p>\n  The company said before the market open that its 2024 net profit more than doubled on the year to S$479 million, while revenue rose 1.4% compared to a year earlier to S$2.815 billion. \n</p>\n<p>\n  CapitaLand Investment has proposed a total dividend of S$0.18 a share for 2024. This includes a core dividend of S$0.12, as well as a special dividend-in-specie of 0.031 CapitaLand Integrated Commercial Trust units per share, valued at about S$0.06. \n</p>\n<p>\n  The company also plans to distribute up to 155 million units in CICT that it holds, representing around 2.12% of the units in the REIT. This would enable shareholders to participate in the growth of the REIT, the company said. \n</p>\n<p>\n  CapitaLand Investment's results show its resilient fee-income business, which explains its commitment to raise its annual dividend to a minimum 50% of cash profit after tax and minority interests, Citi Research analyst Brandon Lee said in a note. \n</p>\n<p>\n  The larger-than-expected 2024 dividend per share, should support its share price performance Thursday, Lee added. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Amanda Lee at amanda.lee@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 22:33 ET (03:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland Investment Shares Gains on Proposed Higher Payout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland Investment Shares Gains on Proposed Higher Payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-27 11:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Amanda Lee \n</p>\n<pre>\n \n</pre>\n<p>\n  CapitaLand Investment's shares are on track for their biggest one-day percentage gain in about five months, after it proposed higher dividends. \n</p>\n<p>\n  Shares of the Singapore-listed real estate group are up 3.2% at 2.58 Singapore dollars, equivalent to US$1.93, in Thursday morning trade. \n</p>\n<p>\n  The company said before the market open that its 2024 net profit more than doubled on the year to S$479 million, while revenue rose 1.4% compared to a year earlier to S$2.815 billion. \n</p>\n<p>\n  CapitaLand Investment has proposed a total dividend of S$0.18 a share for 2024. This includes a core dividend of S$0.12, as well as a special dividend-in-specie of 0.031 CapitaLand Integrated Commercial Trust units per share, valued at about S$0.06. \n</p>\n<p>\n  The company also plans to distribute up to 155 million units in CICT that it holds, representing around 2.12% of the units in the REIT. This would enable shareholders to participate in the growth of the REIT, the company said. \n</p>\n<p>\n  CapitaLand Investment's results show its resilient fee-income business, which explains its commitment to raise its annual dividend to a minimum 50% of cash profit after tax and minority interests, Citi Research analyst Brandon Lee said in a note. \n</p>\n<p>\n  The larger-than-expected 2024 dividend per share, should support its share price performance Thursday, Lee added. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Amanda Lee at amanda.lee@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 22:33 ET (03:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"9CI.SI","symbol_name":"凯德投资","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514917810","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514917810","pubTimestamp":1740627180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"CapitaLand Investment's shares are on track for their biggest one-day percentage gain in about five months, after it proposed higher dividends.Shares of the Singapore-listed real estate group are up 3.2% at 2.58 Singapore dollars, equivalent to US$1.93, in Thursday morning trade.The company said before the market open that its 2024 net profit more than doubled on the year to S$479 million, while revenue rose 1.4% compared to a year earlier to S$2.815 billion.CapitaLand Investment has proposed a total dividend of S$0.18 a share for 2024. This includes a core dividend of S$0.12, as well as a special dividend-in-specie of 0.031 CapitaLand Integrated Commercial Trust units per share, valued at about S$0.06.The company also plans to distribute up to 155 million units in CICT that it holds, representing around 2.12% of the units in the REIT. This would enable shareholders to participate in the growth of the REIT, the company said.CapitaLand Investment's results show its resilient fee-income ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"9CI.SI":"凯德投资","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"凯德置地投资股价因提议提高派息而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"9CI.SI":0.9,"CFA.SI":0.73},"content_text":"By Amanda Lee \n\n\n \n\n\n  CapitaLand Investment's shares are on track for their biggest one-day percentage gain in about five months, after it proposed higher dividends. \n\n\n  Shares of the Singapore-listed real estate group are up 3.2% at 2.58 Singapore dollars, equivalent to US$1.93, in Thursday morning trade. \n\n\n  The company said before the market open that its 2024 net profit more than doubled on the year to S$479 million, while revenue rose 1.4% compared to a year earlier to S$2.815 billion. \n\n\n  CapitaLand Investment has proposed a total dividend of S$0.18 a share for 2024. This includes a core dividend of S$0.12, as well as a special dividend-in-specie of 0.031 CapitaLand Integrated Commercial Trust units per share, valued at about S$0.06. \n\n\n  The company also plans to distribute up to 155 million units in CICT that it holds, representing around 2.12% of the units in the REIT. This would enable shareholders to participate in the growth of the REIT, the company said. \n\n\n  CapitaLand Investment's results show its resilient fee-income business, which explains its commitment to raise its annual dividend to a minimum 50% of cash profit after tax and minority interests, Citi Research analyst Brandon Lee said in a note. \n\n\n  The larger-than-expected 2024 dividend per share, should support its share price performance Thursday, Lee added. \n\n\n \n\n\n  Write to Amanda Lee at amanda.lee@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 22:33 ET (03:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}