DBS Group - OCBC Investment 2024-04-22: A Good Yield Stock

• Adjusted new fair value of DBS (SGX:D05) changed from S$39.00 to S$35.45 to account for the 10-to-1 bonus issue.

DBS share price adjustment for ex-bonus.

• DBS share price closed last Friday’s (19 Apr 2024) trading at S$36.41 (cum bonus of 1-for-10). With DBS going ex-bonus from 22 April 2024, Friday’s adjusted share price is S$33.10, after adjustment for the 1-for-10 bonus issue.

Fair value adjusted to S$35.45.

• - Read this at SGinvestors.io -

Share price outperformance.

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• DBS share price is up 9.0% so far this year. As a comparison, the Straits Times Index (STI) is down 2.0% for the year, while the FTSE ST All-Share Financials (FSTFN) Index is up 5.8% for the year.

2024 dividend of S$2.16.

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-11-06 DBS Group - Record High Pre-tax Profits..

Previous report by OCBC:
2025-10-13 DBS Group - Strong Share Price Gains.

Price targets by 4 other brokers at DBS Target Prices.

Listing of research reports at DBS Analyst Reports.

Relevant links:
DBS Share Price History,
DBS Announcements,
DBS Dividend Payout Dates & Corporate Actions,
DBS News