In previous years, the company has been paying 6.8 cents per share.
DBS Group Research has maintained its "buy" call on Yanloard Land Group. However, with lowered earnings forecast, analysts Jason Lam, Ken He, Dexter Chun and Ben Wong have cut their target price from $1.43 to $1.06.
The China-based but Singapore-listed developer surprised shareholders recently when it refrained from declaring a dividend following its FY2022 earnings.
