UOB Five Year Results Summary Table
What I like about UOB is its consistency in growing profits for share holders as seen from the table above. Earnings per share grew from $1.52 in 2010 to $1.98 last year, for 2015 I'm pretty sure they will make over $2.00. Dividends were also pretty consistent over the last 5 years, with exception of a small dip to 60 cents in 2011 due to the Europe crisis.
At 11.5 times earnings and 3.3% dividend yield, I felt comfortable adding more exposure into the banking industry. As I mentioned in the past before, as long term interest rates move up, banks should see net interest margins improving.
Looking at my portfolio, I think I'm getting quite a good balance between growth, dividends and value. Banks/ARA towards growth and defensive stocks such as CMT/SH/STE towards dividends. The riskier plays would ......