$DBS Group Holdings (D05.SG)$ When calculating dividend yie...
$DBS Group Holdings (D05.SG)$ When calculating dividend yield, don't just look at current dividend, but look at future dividend instead. 5-7 billion is about $1.7 - $2.5 per share worth of extra dividend they need to return to shareholder, besides the usual quarterly dividend. Don't take it from me, this is from the CEO.
"As I said before we recognise we have too much capital even before factoring the Basel transition. Ignoring the transition impact, we still have $5 billion to $7 billion that we can pay out. We have spent a lot of time looking at it and have some specific ideas. Like I said at the media briefing, today is Su Shan's first day as deputy CEO. We need her to get comfortable with the capital plans before we announce anything." - Piyush
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
104244091 : Can you pls share the link to this news? Thanks
R and R OP 104244091 : Investor Relations | DBS Share Price | DBS Bank
Under analysts call transcript
104244091 : Thanks! Wow, so much more money to pay out to us shareholders!