Dadacai
Excellent Contributor
joined discussion · Sep 11, 2021 12:37
Highest Returns To Date
The best-performing counter in my portfolio is DBS$DBS (D05.SG)$. It crashed like many other stocks did during the coronavirus crash in 2020. The green arrow below indicates my point of entry. As you can see, I did not enter at the lowest point and there were several dips in between but I held on.
Of the three local banks$UOB (U11.SG)$$OCBC Bank (O39.SG)$$DBS (D05.SG)$, DBS has the largest market capitalisation at SGD77.7B as compared to OCBC’s SGD46.8B and UOB’s SGD42.3B. Singapore’s three largest banks are major constituents of Straits Times Index$STI ETF (ES3.SG)$$Nikko AM STI ETF (G3B.SG)$and have good track records of dividend payment. The amount of dividends paid was dampened by the dividend cap imposed by MAS in July 2020 to conserve cash flow but the banks still managed to post sterling results; the cap has now been lifted. I’m looking forward to higher dividends in future. One thing I like about DBS is that it pays its dividends quarterly instead of half-yearly like OCBC and UOB.
% growth in capital to date: 33.6% % dividends received to date: 4.6% Overall % return on investment: 38.2%
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Check outLong Term Investment - A Strategy For Growing Returns Without Sleepless Nightshttps://www.moomoo.com/community/feed/107495017873414?lang_code=2 Disclaimer: The above is not financial advice or a recommendation to invest. Past performance does not necessarily predict future results. Please do your due diligence and consult your financial advisor before making any investment decision.
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valuein
:
dbs is a good bank, however, its current share price is quite high already, in fact, its dividend yield is the lowest among the three local banks (DBS 2.37%; ocbc: 2.70%; uob: 3.03%). from growth point of view, it’s current price seems not attractive to me at all
Dadacai
OPvaluein
:
How did you derive 2.37% for dividend yield? If DBS continues to pay $0.33 for dividend, the dividend yield for 2021 will be around 3.35% based on the current closing price and 4.33% for 2022.
Dadacai
OPvaluein
:
I have the dividend payout figures but I can’t get the % you cited. Also, since the dividend cap has been lifted, it’s not accurate to use the dividend figures during the dividend cap to predict future dividend yield.
valuein
Dadacai
OP
:
The dividend cap lifted applies for all banks, it is the fact that the dividend yield ttm of DBS is the lowest among the three banks.
Dadacai
OPvaluein
:
It’s fair to say the dividend cap applied to all 3 banks equally but dividend yield only tells part of the story. Good luck whichever bank you choose for your investment.
valuein : dbs is a good bank, however, its current share price is quite high already, in fact, its dividend yield is the lowest among the three local banks (DBS 2.37%; ocbc: 2.70%; uob: 3.03%). from growth point of view, it’s current price seems not attractive to me at all
Dadacai OP valuein : Thanks for reading and commenting.
Dadacai OP valuein : How did you derive 2.37% for dividend yield? If DBS continues to pay $0.33 for dividend, the dividend yield for 2021 will be around 3.35% based on the current closing price and 4.33% for 2022.
valuein Dadacai OP : Please take a look at DBS detailed quotes, you can easily find the dividend yield ttm information…
Dadacai OP valuein : I have the dividend payout figures but I can’t get the % you cited. Also, since the dividend cap has been lifted, it’s not accurate to use the dividend figures during the dividend cap to predict future dividend yield.
valuein Dadacai OP : The dividend cap lifted applies for all banks, it is the fact that the dividend yield ttm of DBS is the lowest among the three banks.
Dadacai OP valuein : It’s fair to say the dividend cap applied to all 3 banks equally but dividend yield only tells part of the story. Good luck whichever bank you choose for your investment.
Dadacai OP : Dividend Yield TTM (Source: Yahoo Finance)
DBS: 2.88%
OCBC: 3.53%
UOB: 3.89%
Forward Dividend Yield (Source: Yahoo Finance)
DBS: 4.34%
OCBC: 3.48%
UOB: 3.85%
101863649 : now is the right time to buy?
Dadacai OP 101863649 : That’s the tricky question. Even in the best of times, something unforeseen can always happen.
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