Is high dividend yield here to stay ?

I am sure shareholders of DBS Bank were happy to see that the management decided not to reduce dividends and paid out $0.66 per share last week for the first quarter of 2020 and year end of last year. At current valuation, DBS has an attractive 6.3% dividend yield, like a REIT. It is hard to argue that at these current valuation, DBS is a great bargain. However, if the COVID-19 and macroeconomic conditions do not get better later in the year, it is highly probable that DBS and other banks might cut their dividends such as in GFC of 2008.

Conclusion

I still believe that DBS is a great investment opportunity especially for long-term investors (with more than 5 year investment horizon). However, my investment and trading perspective is to use the extra cash and capital on the most

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