- With the benchmark Straits Times Index (STI) down 1.9% so far this year and the FTSE ST All-Share Financials Index (FSTFN) posting a modest gain of 2.9%, DBS's share price has outperformed its peers and the general market with a gain of 4.7% year-to-date.
- - Read this at SGinvestors.io -
Attractive for the dividend seekers
- Together with the FY23 results, DBS announced a 1-for-10 bonus issue and a final 4Q23 dividend per share (DPS) of S$0.54, making a full year dividend payout of S$1.92 for FY23. This is a S$0.42 or 28% increase in dividend from S$1.50 in FY22 (excluding special dividends). See DBS's dividend history.
- - Read this at SGinvestors.io -
Some key dates of DBS
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Carmen Lee OCBC Investment Research | https://www.iocbc.com/ 2024-03-20
Read also OCBC's most recent report:
2024-04-22 DBS Group - A Good Yield Stock.
Price targets by 5 other brokers at DBS Target Prices.
Listing of research reports at DBS Analyst Reports.
Relevant links:
DBS Share Price History,
DBS Announcements,
DBS Dividends & Corporate Actions,
DBS News Articles
