Dbs Group stock dividend – DBS Group Holdings Ltd Declares 0.42 Cash Dividend
June 17, 2023
🌥️Dividends Yield
On June 8 2023, DBS ($SGX:D05) Group Holdings Ltd declared a 0.42 cash dividend. This makes them an attractive dividend stock for investors who are looking to increase their return on investment. Over the past three years, DBS Group has issued an annual dividend per share of 1.08, 1.44 and 1.02 SGD; corresponding dividend yields of 4.29%, 4.29%, and 3.41% respectively, with an average dividend yield of 4.0%.
The ex-dividend date is May 9 2023, meaning that shareholders must own the stock before this date in order to be eligible to receive the dividend. This is an excellent opportunity for investors to purchase shares in DBS Group and benefit from their dividend yields in the future.
Share Price
This news was received positively by investors as the stock opened at SG$31.0 and closed at SG$31.1, up by 0.7% from its prior closing price of 30.9. This increase in share price indicates a strong confidence among investors in the future of DBS Group Holdings Ltd. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dbs Group. More…
| Total Revenues | Net Income | Net Margin |
| – | 8.88k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dbs Group. More…
| Operations | Investing | Financing |
| 2.77k | -694 | -3.89k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dbs Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 743.37k | 686.3k | – |
Key Ratios Snapshot
Some of the financial key ratios for Dbs Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.3% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Dbs Group Stock Fair Value Calculator
GoodWhale recently conducted an in-depth analysis of the fundamentals of DBS Group. After considering various metrics such as revenue, profitability, liquidity and growth potential, we determined that the fair value of a DBS Group share is around SG$34.8. This value was derived using our proprietary Valuation Line, which considers the five aforementioned metrics and more. We observed that DBS Group stock is currently trading at SG$31.1, meaning that the shares are undervalued by 10.6%. This presents a rare opportunity for investors to purchase DBS Group shares at a discounted price. More…
Peers
DBS Group Holdings Ltd is a Singaporean holding company for DBS Bank. The company operates in three segments: Consumer Banking and Wealth Management, Institutional Banking, and Treasury and Markets. The company offers a range of banking products and services, including deposits, loans, and credit cards. The company also offers wealth management products and services, such as investment advisory, portfolio management, and private banking. The company operates in Singapore, Hong Kong, Taiwan, China, and Indonesia.
DBS Group Holdings Ltd’s competitors include Bank Of Beijing Co Ltd, China Citic Bank Corp Ltd, and Hang Seng Bank Ltd. These companies are also holding companies for banks and offer similar products and services.
– Bank Of Beijing Co Ltd ($SHSE:601169)
Bank of Beijing Co Ltd is a large Chinese bank with a market cap of 86.69B as of 2022. The bank offers a wide range of banking and financial services to both individuals and businesses. These services include loans, savings and checking accounts, credit cards, and investment products. The bank has over 3,000 branches across China and employs over 30,000 people.
– China Citic Bank Corp Ltd ($SHSE:601998)
Citic Bank Corp Ltd is a large Chinese bank with a market cap of 198.42B as of 2022. The company offers a full range of banking services including deposits, loans, credit cards, and investments. It has over 3,000 branches across China and is one of the country’s largest banks.
– Hang Seng Bank Ltd ($SEHK:00011)
Hang Seng Bank is a leading financial institution in Hong Kong with a market capitalization of 227.13 billion as of 2022. The bank offers a comprehensive range of banking and financial services to personal, corporate, and institutional customers through its network of branches and ATMs in Hong Kong. These services include deposits, loans, credit cards, foreign exchange, money market, and investment banking products. Hang Seng Bank is also one of the largest issuers of credit cards in Hong Kong.
Summary
DBS GROUP is an attractive dividend stock option for investors looking to collect income returns. Over the past three years, the company has issued an average annual dividend per share of 1.08, 1.44, and 1.02 Singapore Dollars, respectively, with an average yield of 4.0%. The dividend yield has been consistent for the past three years, offering investors consistent returns over time. In addition, DBS GROUP has a strong balance sheet and provides a variety of other financial services, making it an attractive option for those interested in investing in a diversified portfolio.
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