DBS, SIA, OCBC, UOB, and SGX Dividend Payout, Check December Dates Announced

Dividend payouts are a financial strategy companies employ to distribute a portion of their profits to shareholders. This practice serves as a reward for shareholders’ investments and encourages sustained support, fostering trust, loyalty, and confidence among stakeholders. This article provides an in-depth look at dividend payout details for major Singaporean companies such as DBS, SIA, OCBC, UOB, and SGX for 2024.

DBS, SIA, OCBC, UOB, and SGX Dividend Payout

Aspect	Details
Purpose	Reward shareholders and incentivize investments.
Benefits	Builds trust and promotes stakeholder confidence.
Taxation	Dividends may be taxable or non-taxable based on their type.

Taxability of Dividends

Dividends can be classified into taxable and non-taxable categories:

Non-Taxable Dividends

• Can be fully utilized without taxation.
• Typically include local dividends and are exempt from income tax.

Taxable Dividends

• Subject to varying tax rates based on company profit margins.
• Include the following types:
  • Foreign dividends.
  • Profits shared by cooperatives.
  • Dividends from real estate investment trusts (REITs).

Payout Dates

• Dividend payout schedules vary depending on the type of dividend and company policy.

DBS Dividend Payout Details

• Increased Shares: A 53% rise in shares during the final quarter.
• Bonus Shares: Special benefits for investors with over 10 years of loyalty.
• 2023 Profits: Achieved S$10.3 billion, a 26% increase compared to 2022.

Financial Indicators

Aspect	Details
Dividend Increase	S$0.54 for Q4, S$0.48 for Q3.
CET-1 Ratio	14.6%, reflecting strong capital.
Return on Equity	18% (2023).
Equity Confidence (2024)	Projected 15–17%.

SIA Dividend Payout Details

• Dividend Increase: S$0.50 per share in the final quarter.
• Trailing Dividend Yield: 5.84% for the last 12 months.
• Future Stability: Expected to maintain the current payout for the next 12 months.

Payout Schedule

Description	Last Payment Date	Next Payment Date	Amount
Final Dividend	12 October 2024	8 December 2024	S$0.50 per share

OCBC Dividend Payout Details

• Dividend Rate: 6.18%, reflecting consistent returns.
• Total Assets: S$151 billion, including trustee and global banking services.

Additional Insights

Aspect	Details
Investment Market	Strong presence in financial markets.
Asset Management	Extensive assets enhance dividend sustainability.

Key Highlights

• Recent Dividend: S$1.19 for October 2024.
• Stock Performance: Current stock yield is 5.69%.
• Dividend Growth: Increased dividends every 3 years, with an average annual growth of 9.61% over the last decade.

SGX Dividend Payout Details

• Yield: 3.71%, showcasing stable returns.
• Payout Ratio: 63%, reflecting a strong commitment to shareholder rewards.

Financial Indicators

Aspect	Details
Earnings per Share	S$0.53
Last Quarter Average	4.1%

Benefits of Dividend Payouts

• Investor Confidence: Signals financial stability and long-term profitability.
• Reward for Loyalty: Encourages sustained investment.
• Economic Impact: Contributes to shareholder wealth and market liquidity.

FAQs on Dividend Payouts

1. What is the purpose of dividend payouts?

Dividend payouts reward shareholders for their investments and incentivize long-term support.

2. Are dividends taxable in Singapore?

Local dividends are non-taxable, but foreign dividends and REIT-related profits may be subject to tax.

3. How are dividend payouts determined?

Payouts depend on company profits, growth, and specific policies such as the percentage of earnings allocated to shareholders.

4. What is a one-tier dividend?

A one-tier dividend is tax-exempt for shareholders, as the company has already paid corporate tax on its profits.

5. How often do companies distribute dividends?

Dividends are typically distributed quarterly, semi-annually, or annually, depending on the company’s financial strategy.

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