Vote your investment style
$DBS Group Holdings (D05.SG)$ $OCBC Bank (O39.SG)$ $UOB (U11.SG)$ Took a look at past DBS dividends.
Nov'23 dividends: share price fell by 0.84 (2.5%) during the week following up to the ex-date. Continued to drop by 1.27 (3.9%) during the 2 weeks after the record date.
Aug'23 dividends: share price fell by 0.36 (1.1%) during the week following up to the ex-date and dropped a further 1.10 (3.3%) after.
This intrigues me. Seems like people generally go for dividends. But once share price rises enough to cover for dividends, investors prefer to forego the small amount of dividends. Makes sense to me.
Nov'23 dividends: share price fell by 0.84 (2.5%) during the week following up to the ex-date. Continued to drop by 1.27 (3.9%) during the 2 weeks after the record date.
Aug'23 dividends: share price fell by 0.36 (1.1%) during the week following up to the ex-date and dropped a further 1.10 (3.3%) after.
This intrigues me. Seems like people generally go for dividends. But once share price rises enough to cover for dividends, investors prefer to forego the small amount of dividends. Makes sense to me.
Was wondering how people look at sg bank stocks...
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102796003 : If so, means this round likely drop $2-3 after ex-date? Now sounds like can sell first….
unfilteredtruths OP 102796003 : Except this time is different. 2 weeks after the dividend date is the bonus shares. I'm not sure how it will affect investors decisions.