Historical Performance and Dividend Policy of CapitaLand Limited

Running head: DIVIDEND STRATEGY
Dividend Strategy
Name of the Student:
Name of the University:
Author’s Note:
Course ID:

1DIVIDEND STRATEGY
Executive Summary:
The current report aims to deal with the historical performance of CapitaLand Limited,
which is listed on the Singapore Stock Exchange. It is a Singapore-based real estate organisation
established due to the merger of Pidemco Land and DBS Land in November 2000. The
organisation has stable historical performance, which is validated by positive correlation with the
Singapore stock exchange. The company adopts the regular dividend policy, as it would help in
strengthening the confidence of the shareholders. Based on these factors, the estimations of the
revenues and dividend payouts of the organisation have been made.

2DIVIDEND STRATEGY
Table of Contents
Assignment 1:..................................................................................................................................3
Introduction:................................................................................................................................3
1. Analysis of the historical performance of CapitaLand Limited:.............................................3
2. Discussion of the dividend policy of CapitaLand Limited:.....................................................7
3. Forecasted revenue of the next financial year of CapitaLand Limited:...................................9
4. Forecast of the next year’s dividend payout:...........................................................................9
5. Credit rating:............................................................................................................................9
Conclusion:..................................................................................................................................9
Assignment 2:................................................................................................................................11
Reflection:..................................................................................................................................11
References:....................................................................................................................................13

3DIVIDEND STRATEGY
Assignment 1:
Introduction:
The current report aims to deal with the historical performance of CapitaLand Limited,
which is listed on the Singapore Stock Exchange. It is a Singapore-based real estate organisation
established due to the merger of Pidemco Land and DBS Land in November 2000 (CapitaLand,
2018). The organisation is involved in leveraging its asset base, developing strategies for active
capital management along with extensive operational abilities and market network for
formulating greater quality real estate products and services. Therefore, the first section of the
report would aim to provide a critical discussion of the historical performance of CapitaLand
Limited for the past three years. The second segment would lay stress on highlighting the
dividend policy of the organisation in the Singaporean market. The third part would focus on
forecasting the revenue of the upcoming financial year. In a similar fashion, the dividend payout
of the organisation would be estimated for the next financial year in the context of CapitaLand
Limited.
1. Analysis of the historical performance of CapitaLand Limited:
In order to evaluate the historical performance of CapitaLand Limited for the past three
years, it is contrasted with the share performance of Singapore Stock Exchange, which is briefly
depicted in the form of a figure as follows:
01/01/2015
01/05/2015
01/09/2015
01/01/2016
01/05/2016
01/09/2016
01/01/2017
01/05/2017
01/09/2017
0
2
4
6
8
10
12
14
Monthly share prices of Singapore
Stock Exchange and CapitaLand
Limited from 2015-2017
SGX share price
CapitaLand Limited share
price