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Tuesday, February 6, 2024

DBS - 4th quarter results is out! Net profit is up 2 percent to 2.39b , interim dividend increase to 54 cents from 48 cents last quarter! Bonus share issue of 1:10! Awesome!

DBS 4th quarter results is out! Net profit grew 2% to 2.39b. A 9% growth in Total Income to 5.01b from higher interest income and non- interest income resulted in a 7% increase before allowance to 2.8b. 



The board propose higher quarter dividend of 0.54 cents versus 0.48 cents last quarter.  Annual dividend of 2.16.



The board also propose a bonus share issue of 1 : 10. Ten existing share will be alloted 1 extra share . 

The TERP price is about 28.81.

So, foe every 1000 share, shareholders can get extra 100 share.

500 share can get 50 share.

I think great sets of financial nos.

XD 5th April. 

Pay date 19th April. 

Pls dyodd. 


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