Capital EfficiencyCLI's S$5.5b worth of divestments in 2024 enhanced its capital efficiency and bolstered its liquidity, allowing for reinvestment in high-conviction sectors.
Dividend PolicyCLI declared a final DPS of 12 cents and a special dividend-in-specie of 0.031 CICT units per share, valued at 6 cents per CLI share, taking total DPS to 18 cents. In addition, CLI also revised its dividend payout policy to a minimum 50% of cash PATMI, up from 30% previously to enhance shareholder returns.
Financial PerformanceCapitaLand Investment Limited reported a 3% year-on-year growth in fee income-related business revenue.