Analysts expect dividends of banking stocks to rebound this year when the Monetary Authority of Singapore (MAS) permits. In 1QFY2021 ended March, DBS Group Holdings, which pays out quarterly dividends, announced a total payout of $460 million in dividends, representing a payout ratio of around 22%. In FY2019, DBS had raised its quarterly dividend from 30 cents per quarter to 33 cents per quarter.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe