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OCBC posts record net profit of $7.02 billion for FY2023, up 27% y-o-y; plans final dividend of 42 cents

Jovi Ho
Jovi Ho • 4 min read
OCBC posts record net profit of $7.02 billion for FY2023, up 27% y-o-y; plans final dividend of 42 cents
This brings the FY2023 dividend to 82 cents per share, up 21% from 68 cents a year ago and represents a payout ratio of 53% of the Group’s FY2023 net profit. Photo: OCBC
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