DBS Group (SGX: D05)
DBS Group is Singapore’s largest bank by market capitalisation. The lender offers a comprehensive range of banking, insurance, and investment services to individuals and corporations. DBS announced a strong set of earnings for 2024 as high interest rates helped to boost its net interest income. Total income rose 10% year on year to S$22.3 billion on the back of a 5% year-on-year increase in commercial book net interest income. The bank’s net profit stood at S$11.3 billion, up 12% year on year and at a record high....Income investors are always on the prowl for stocks that pay out dividends.
While most companies pay out dividends either yearly or half-yearly, there are a select few that pay out dividends every quarter.
More frequent dividends means that you can receive cash more quickly to either spend it, or compound it for even more dividends.
Here’s a list of five Singapore stocks that dish out dividends every three months.