Personal Finance
Your Complete Guide to DBS Group Holdings Ltd’s (SGX: D05) Dividends
By Seedly  •  August 26, 2021
Singapore’s largest bank DBS Group Holdings Ltd (SGX: D05) is widely popular among dividend-hungry investors as it pays really chunky dividends. Here, let’s dive into DBS’ dividend yield, dividend history, and more importantly… … its dividend sustainability to understand if the bank can continue paying growing dividends. Source: Giphy DBS Dividend Yield DBS shares closed at S$30.16 each on 25 August. At that price, the bank’s trailing dividend yield stood at 2.9%. For context, the SPDR STI ETF (SGX: ES3) had a lower distribution yield of 2.6% on the same day. The SPDR STI ETF is an exchange-traded fund (ETF) that tracks the fundamentals of Singapore’s Straits Times Index (STI). DBS is part of the STI and is its largest component at around 18%. DBS Dividend Amount and Payout Periods For its financial year ended 31 December 2020, DBS dished out a total dividend of 87 Singapore cents...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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