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DBS Group Holdings Ltd (OTCMKTS:DBSDY) Announces Dividend Increase - $0.47 Per Share

DBS Group logo with Finance background

Key Points

  • DBS Group Holdings Ltd has announced a dividend increase to $0.47 per share, up from $0.45, representing a 4.5% increase in their dividend payout.
  • The ex-dividend date is set for August 18th, with the dividend payment scheduled for September 4th.
  • DBS Group stock has seen a trading range with a twelve-month low of $106.86 and a high of $162.45, currently opening at $158.39.
  • Looking to export and analyze DBS Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) announced a dividend on Saturday, August 16th, investing.com reports. Stockholders of record on Tuesday, August 19th will be given a dividend of 0.4671 per share by the financial services provider on Thursday, September 4th. This represents a dividend yield of 498.0%. The ex-dividend date is Monday, August 18th. This is a 4.5% increase from DBS Group's previous dividend of $0.45.

DBS Group Trading Down 0.6%

Shares of DBS Group stock opened at $158.39 on Friday. DBS Group has a twelve month low of $106.86 and a twelve month high of $162.45. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.00. The company has a 50-day simple moving average of $145.79 and a two-hundred day simple moving average of $137.40.

About DBS Group

(Get Free Report)

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company's Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.

Further Reading

Dividend History for DBS Group (OTCMKTS:DBSDY)

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