$DBS Group Holdings (D05.SG)$ DBS is on track to distribute ...
$DBS Group Holdings(D05.SG$ DBS is on track to distribute $2.40 dividend next year. If you hold DBS for the next 15yrs and assuming dividend never increase (highly unlikely), you will earn $36 worth of dividend. The only way for you to lose money is when share price drop to $0. So buying DBS and hold it for long term is almost guarantee to earn money. But if you want short term gain, then don't buy DBS.
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CYJSG78 : Really? DBS will not cut dividends rate even FED cut rate?
R and R OP CYJSG78 : Not a chance. Low interest rate will affect NIM but loan book will grow much faster and repayment will slow down. CEO already said dividend will increase 24 cents every year for the next few years. Look at their CET1 ratio and their ROE, they have enough capital to keep increasing dividend, do a share buyback or give special dividend.
CYJSG78 : Hopefully like what u said, so can hold for longer investment. But let us see first.
very_impressive : okay great adviser so I am holding forever and I will to get 2000 shares. so what is a good entry point any clue
R and R OP very_impressive : I won't tell anyone when and what price to buy. But its a good strategy to buy a small amount at regular interval, i.e DCA.
Southgate CYJSG78 : They do have some spare cash from the cessation of the DBS PayLah! $3 hawker meal programme