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DBS Dividend Yields history across the years.
2 Scrip Dividend Scheme applies. Learn more about our Scrip Dividend Scheme here.
18 hours ago · View the upcoming dividends/entitlements of the other SGX listed companies @ News Feed > Upcoming Dividends / Entitlements. STI & Constituents Earnings Calendar.
Feb 7, 2024 · Barring unforeseen circumstances, the annualised ordinary dividend going forward will be $2.16 per share over the enlarged share base, from $1.92 per share for financial year 2023. Based on...
- Royston Yang
- A record net profit. For the fourth quarter of 2023 (4Q 2023), DBS saw total income rise 9% year on year to S$5 billion, led by a 7% year-on-year increase in net interest income (NII) for its commercial book segment.
- A slight decline in NIM with flat loan book. The group’s net interest margin (NIM) increased from 1.75% in 2022 to 2.15% in 2023, with the rise attributed to the surge in interest rates last year.
- Healthy growth in fee income. Fee income did well, rising by 11.5% year on year in 2023 to S$4.1 billion. Wealth management fees increased by 13% year on year to S$1.5 billion as net new inflows boosted the bank’s assets under management (AUM), a shift from deposits into investments and insurance products, and contributions from Citi Taiwan.
- Corporate social responsibility and accountability for digital disruptions. DBS is doing its part in giving back to the community. The bank recently announced a corporate social responsibility (CSR) commitment of S$1 billion over 10 years to support vulnerable communities, with the first tranche of S$100 million set aside from 2023’s profits.
Aug 3, 2023 · The bank’s annualised dividend based on S$0.48 per share has risen to S$1.92, giving its shares a forward dividend yield of 5.7%. DBS reiterated its dividend guidance given at its May...
Feb 13, 2023 · DBS shareholders are in for a bumper payout, after the company announced it intends to pay a special dividend on top of a higher final dividend, for its fourth quarter ended Dec 31, 2022. Singapore’s largest lender posted record results for the period, with earnings up 69 per cent to S$2.34 billion.
