DBS Group (SGX: D05)
DBS is Singapore’s largest bank by market capitalisation and provides a comprehensive range of banking, investment, and insurance services to corporations and individuals. The lender reported a strong set of earnings for the first nine months of 2023 (9M 2023). Total income rose 27% year on year to S$15.2 billion, buoyed by a 46% year-on-year jump in net interest income to S$10.6 billion. The higher income was contributed by elevated interest rates that look set to remain higher for longer according to the latest minutes from the US Federal Reserve....Receiving a dividend is always a happy occasion.
But what if you could see a dividend credited into your bank account every three months rather than waiting for a year or six months to receive one?
Stocks that pay out quarterly dividends do exactly that.
Whether they are blue-chip stocks, REITs or mid-sized companies, these five Singapore stocks dish out a reliable dividend every quarter.
