Projected Sep 2025 DBS Dividend is getting doubled
Fixed ā https://stocks.cafe/stock/dividend/D05/dbs?type=xdetails&exchange=XSES
Please verify. Thanks.
Thanks Evan, looks fine but given the dividend logic this shows DBS will pay out 75c every quarter which includes the latest 15c capital return - not sure if this will continue into the future.
Actually, I am not following DBS very closely (even though I have a bit of it). So, you prefer we do SGD 0.6 projection going forward? Anyway, projection is best efforts, it is not meant to be perfect although I wished I can be perfect with it
Hi Evan, would go for 60c and the 15c is a one off - checked DBS IR page today to confirm as well. Thanks!
Done. Please verify. Thanks!
Hi Evan, thanks and looks good! br, Arjun
Hi, below is the offcial News Release from DBS. So, infact the most accurate projection currently should be $0.75 for 2025 to 2027.
https://www.dbs.com/iwov-resources/images/investors/quarterly-financials/2024/4Q24_press_statement.pdf
In addition, the Board committed to managing down the stock of excess capital over the coming three years. To begin with, it plans to introduce a Capital Return dividend of 15 cents per share per quarter to be paid out over financial year 2025. In the subsequent two years, it expects to pay out a similar amount of capital either through this or other mechanisms, barring unforeseen circumstances.
Thanks for the clarification - my error in misreading this! Will welcome the additional 15c/quarter!
No worries at all! Easy to miss details like that, Iām glad we could clarify it together. The additional 15 cents per quarter is definitely a welcome bonus.
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