SINGAPORE (Mar 5): It’s always nice to receive a hefty dividend paid into your bank account. And that is what shareholders of DBS Group Holdings will experience in May. DBS will be paying a core dividend of 60 cents a share and a special dividend of 50 cents a share, taking the total payout for FY2017 to $1.43 a share, or $3,567 million, which works out to be a payout ratio of 83%, or more than twice the amount the bank paid out for FY2016.

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