DBS

The current price of $25.44 is yielding an yield of 5.188% which is quite good plus quarterly dividend payout looks pretty attractive!

Chart wise, in neutral mode.
I am thinking of using DCA method to slowly accumulate this bank counter for an interval of  every 3-6 months duration to slowly build up the no of share..


XD 7 April 2020.
Pay date 21 April.

Pls dyodd.

Full year result is out!

DBS Group reported a 14 per cent boost in net profit to S$1.51 billion for the fourth quarter from a year ago, on the back of broad-based business momentum.

EPS stood at S$2.31 for the quarter, up from S$2.01 previously. PE 11x looks pretty decent!

A final quarterly dividend of 33 Singapore cents per share, subject to shareholders' approval at the annual general meeting on March 31. This will bring the yearly dividend to S$1.32 per share – an increase of 10 per cent. 

Chart wise , is in neutral mode!

The Gap up this morning looks rather interesting!

At 25.50, yield is 5.176% looks rather attractive!

looks like it may likely move up to retest 26.00 then 26.46 with extension to 26.80-27.00 when approaching the ex.dividend date on 12th April.

Not a call to buy or sell.

Pls dyodd.