Singapore’s three listed banks — DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) (OCBC) and United Overseas Bank Ltd (SGX: U11) (UOB) — have announced the details for their scrip dividend schemes. DBS Scrip Dividend Scheme OCBC Scrip Dividend Scheme UOB Scrip Dividend Scheme If you have shares in more than one bank, it could be cumbersome to keep track of the key details. To make your life simpler, here’s a summary of important aspects of the banks’ scrip dividend schemes! TL;DR: Scrip Dividend Schemes for DBS, OCBC, and UOB

	DBS	OCBC	UOB
Scrip Price Comparison
Scrip issue price	S$21.04	S$7.81	S$19.52
Share price (at time of writing)	S$21.03	S$8.75	S$19.73
Discount	-0.05%	10.74%	1.06%
Election for New Shares and Cash
Can shareholders get both new shares and cash?	Yes	No	Yes
Fractional Entitlements
If fraction is 0.5 or more	Rounded up to the nearest whole number	Rounded up to the nearest whole number	Rounded up to the nearest whole number

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