- 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.
- - Read this at SGinvestors.io -
- 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 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/ 2024-04-22
Previous report by OCBC:
2024-03-20 DBS Group - Share Price Outperformance.
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 Dividends & Corporate Actions,
DBS News Articles
