As many of you will know, DBS bank went ex bonus shares on Monday, 22 April. Interestingly, DBS shares have done very well since then. Here is the price chart for DBS (after adjusting for bonus shares). You can see the jump this week – hitting new all time highs at $34.79 (this would have translated into $38.3 pre-bonus shares). At this price, DBS trades at a very pricey 1.65x book value. And yet dividend yield remains very attractive at 6.2% – higher than most REITs. So… DBS share price keeps going up, and it pays a higher dividend yield than most REITs. Is it time to load up on more DBS shares, or is it time to play a reversal? DBS Bank shares hit all time high after Bonus Shares – outperforming OCBC and UOB Bank Here’s the daily chart of DBS Bank for reference. Blue is OCBC and Orange is UOB. You can also see how DBS has outperformed both OCBC and UOB...