OCBC has declared a dividend of 42 cents per share, up from 40c a year ago. This represents a 5% increase which makes me happy. Full year dividend per share is, therefore, 84c. This is an increase of some 21% from a year ago. Payout ratio is about 53% of net profit. The stellar results of 2023 was driven mainly by higher net interest margins across all its markets. Net profit was in excess of $7 billion, up 27% from a year ago. I like that OCBC has continued to drive costs lower with a lower cost to income ratio of 38.7%.   For people who are worried about OCBC's exposure to China, I have said before that they anticipated the problems early on like DBS and limited their exposure to the troubled property sector. Their NPL ratio is at a very manageable 1.0%. OCBC, like DBS and UOB, is well capitalized and well managed. Even as net interest margins come under pressure, OCBC is expected to perform...