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Smart Reads of the Week: Singapore’s Trio of Banks Restore Their Dividends
By The Smart Investor  •  August 7, 2021
This week has seen its fair share of corporate activity and earnings. Early in the week, Keppel Corporation (SGX: BN4) stunned investors with its announcement on the proposed acquisition of Singapore Press Holdings Limited (SGX: T39). Investors only had a few days to digest this news when Singapore’s trio of local banks reported their fiscal 2021 second-quarter earnings. Suffice to say the numbers were like a breath of fresh air. Across the board, all three banks saw earnings rise sharply for the second quarter of 2021 (2Q2021) as allowances plunged. Dividends were also restored to levels last seen before the pandemic broke out. The stronger numbers were an affirmation of a brighter outlook amid rising economic activity as the world recovers from a painful downturn. Here is a list of our top articles for the week. 1. UOB Hikes its Dividend Above 2019 Payout: 5 Highlights from the Bank’s Latest Earnings United Overseas Bank Ltd (SGX: U11) reported...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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