koolgal
05-09 06:02
🌟🌟🌟As a dividend focused investor, $DBS(D05.SI)$ remains the dividend heavyweight.  DBS is the only one of the 3 that pays dividends every 3 months.

DBS's current dividend yield is 5.2% compared to $OCBC Bank(O39.SI)$ 4.3% and $UOB(U11.SI)$ 4.6%.

For 2026, DBS even increased its regular quarterly dividend to SGD 0.66 plus a recurring SGD 0.15 capital return dividend each quarter through 2027.  This massive payout commitment makes it very attractive for me.

While DBS's Net Interest Income dipped 5%, it offset the hit with record wealth management fees of SGD 907 million.

So I would certainly hold DBS for a long term, not just to year end.

@Tiger_SG @Tiger_comments @TigerStars @TigerClub @CaptainTiger

SG Banks Q1: NII Under Pressure, Who Held Up on Wealth Management?
All three beat Bloomberg consensus, but for different reasons: DBS and OCBC outperformed on wealth management, while UOB defended earnings through lower credit provisions. With SORA averaging 1.07% in Q1 versus 2.54% a year earlier, NII compression across the board is a foregone conclusion. The real question is which bank's wealth management narrative can sustain momentum in the second half — after these three reports, which do you favor?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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