Shares & Derivatives
An Investor’s Ultimate Guide to United Overseas Bank Ltd’s (SGX: U11) Dividends
By Seedly  •  September 23, 2021
United Overseas Bank Ltd (SGX: U11), or UOB for short, is one of Singapore’s three leading listed banks. Here’s a deep-dive into UOB’s dividend yield, dividend history, and more importantly… … its dividend sustainability to understand if the bank can continue paying rising dividends. Source: Giphy UOB Dividend Yield UOB’s shares last traded at S$25.67 each on 21 September. At that price, UOB’s trailing dividend yield was 3.9%. In comparison, the SPDR STI ETF (SGX: ES3) had a lower distribution yield of 2.7% on the same day. The SPDR STI ETF is an exchange-traded fund (ETF) that tracks the performance of Singapore’s stock market benchmark, the Straits Times Index (STI). UOB is part of the STI and is its third-largest component at around 11%. UOB Dividend Amount and Payout Periods UOB paid out a total dividend of 78.0 Singapore cents per share for its financial year ended 31 December 2020....
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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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