One of the most stable industries in Singapore is our banking industry.
In particular, our local banks have demonstrated an enviable track record of sustaining profitability over a long period of time. As such, these banks have become popular among conservative investors who want to generate stable returns over the long term, both in the form of dividends and capital appreciation.
But for dividend investors looking to invest in bank stocks, which local bank is a better dividend stock to buy now? Here, I’ll compare DBS Group Holdings Ltd (SGX: D05) and United Overseas Bank Ltd (SGX: U11).
The idea is to get a quick overview of which bank might be a better buy now for dividend investors.
Disclaimer: This is not a sponsored post. Opinions expressed in the article by the author should not be taken as investment advice. Please do your own research and due diligence.
Financial Track Record
To start with, we