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Smart Reads of the Week: Special Dividends from CapitaLand Investment, CDL and Sembcorp Industries
By The Smart Investor  •  March 4, 2023
The tail end of the earnings season has seen more blue-chip stocks report their 2022 results. Investors will be happy to hear of special dividends being declared as management seeks to reward shareholders. First off, CapitaLand Investment Limited (SGX: 9CI), or CLI, declared a special dividend by paying out units of one of its REITs. Next, City Developments Limited (SGX: C09), or CDL, posted record profits from divestments and also announced a special cash dividend. Elsewhere, utility giant Sembcorp Industries Ltd (SGX: U96) also reported a robust set of earnings and more than doubled its 2022 dividend. Join us as we share more about these impressive earnings and talk about each company’s prospects. Here is a list of our top articles for this week.
  1. CapitaLand Investment Declares a Special Dividend: 5 Things to Note About the Group’s 2022 Earnings
CLI has turned in a respectable report card for 2022 and also declared a special dividend. Read on to find out more about the...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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