The share price of OCBC (SGX: O39) has corrected from the recent peak of $13.45 to $12.90 today, after announcing its 2023 full year results. OCBC has attained 12% increase in Q4 profit to $1.62 billion and 27% increase in 2023 profit to $7.02 billion. A slightly higher dividend of $0.42, compared to interim dividend of $0.40, is announced and payable on 21 May, maintaining a dividend payout ratio of 50%. However, the results have fallen short of expectations, disappointing the market. This near 5% correction is enough to trigger my temptation to accumulate shares. The book value of OCBC is around $11.77 and ideally I would prefer to pay lesser than the book value. However, I added 500 shares to my ultra long-term SRS portfolio when my order got filled at $13.02 this morning. As OCBC is currently on cum dividend of $0.42, net cost less dividend is $12.60 which is just 7% above book value, at a fairly attractive dividend yield of more than 6%, assuming OCBC maintains...