DBS 4th quarter results is out! Net profit grew 2% to 2.39b. A 9% growth in Total Income to 5.01b from higher interest income and non- interest income resulted in a 7% increase before allowance to 2.8b.
The board propose higher quarter dividend of 0.54 cents versus 0.48 cents last quarter. Annual dividend of 2.16.
The board also propose a bonus share issue of 1 : 10. Ten existing share will be alloted 1 extra share .
The TERP price is about 28.81.
So, foe every 1000 share, shareholders can get extra 100 share.
500 share can get 50 share.
I think great sets of financial nos.
XD 5th April.
Pay date 19th April.
Pls dyodd....
