Yesterday 26th January 2011, C T Land Development PLC announced Interim Dividend in Colombo Stoke Exchange.
The Dividend of Rs. 0.60 per share for the financial year of 2010/2011. The dividend payment will be on 14th February 2011.
C T Land Development PLC performance
Yesterday share prices are stared with Rs.32.90 and closed at 32.20. The range of the variation was Rs. 31.00 to 33.00.
The Divined announcement was increase the confident to investors. Even the share price reduction, is cause of the ex dividend announcement.
Therefore the price of 32.20 will be acceptable due to the dividend announcement.
Expectation of the C T Land Development PLC
C T Land Development PLC all time high price is Rs.40.00, if the market is going the same trend for the few weeks, it will be overcome the price of Rs. 40 soon.