Singapore Exchange's New Dividend Policy Raises Medium-Term Yield Visibility -- Market Talk

Dow Jones

2025/08/11

0250 GMT - Singapore Exchange's new dividend policy increases medium-term yield visibility, Maybank Research's Thilan Wickramasinghe says in a research report. SGX plans to increase its dividend by 0.25 Singapore cents every quarter from FY 2026 to FY 2028. This raises the dividend payout ratio to an average of 68% from 62% in FY 2025, and provides a floor for absolute dividends going forward, the analysts say. SGX is also well-placed to ride the wave of rotating investment flows back to Asia by offering a venue for trading and managing risks for a broad range of asset classes, the analysts add. The brokerage raises the stock's target price to S$17.67 from S$16.09 with an unchanged buy rating. Shares are 1.5% lower at S$15.78. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

August 10, 2025 22:50 ET (02:50 GMT)

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SGX plans to increase its dividend by 0.25 Singapore cents every quarter from FY 2026 to FY 2028. This raises the dividend payout ratio to an average of 68% from 62% in FY 2025, and provides a floor for absolute dividends going forward, the analysts say. SGX is also well-placed to ride the wave of rotating investment flows back to Asia by offering a venue for trading and managing risks for a broad range of asset classes, the analysts add. The brokerage raises the stock's target price to S$17.67 from S$16.09 with an unchanged buy rating. Shares are 1.5% lower at S$15.78. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 10, 2025 22:50 ET (02:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Exchange's New Dividend Policy Raises Medium-Term Yield Visibility -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Exchange's New Dividend Policy Raises Medium-Term Yield Visibility -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-11 10:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0250 GMT - Singapore Exchange's new dividend policy increases medium-term yield visibility, Maybank Research's Thilan Wickramasinghe says in a research report. SGX plans to increase its dividend by 0.25 Singapore cents every quarter from FY 2026 to FY 2028. This raises the dividend payout ratio to an average of 68% from 62% in FY 2025, and provides a floor for absolute dividends going forward, the analysts say. SGX is also well-placed to ride the wave of rotating investment flows back to Asia by offering a venue for trading and managing risks for a broad range of asset classes, the analysts add. The brokerage raises the stock's target price to S$17.67 from S$16.09 with an unchanged buy rating. Shares are 1.5% lower at S$15.78. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 10, 2025 22:50 ET (02:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0188438112.USD","symbol_name":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2558363358","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558363358","pubTimestamp":1754880600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0250 GMT - Singapore Exchange's new dividend policy increases medium-term yield visibility, Maybank Research's Thilan Wickramasinghe says in a research report. SGX plans to increase its dividend by 0.25 Singapore cents every quarter from FY 2026 to FY 2028. This raises the dividend payout ratio to an average of 68% from 62% in FY 2025, and provides a floor for absolute dividends going forward, the analysts say. SGX is also well-placed to ride the wave of rotating investment flows back to Asia by offering a venue for trading and managing risks for a broad range of asset classes, the analysts add. The brokerage raises the stock's target price to S$17.67 from S$16.09 with an unchanged buy rating. Shares are 1.5% lower at S$15.78. 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SGX plans to increase its dividend by 0.25 Singapore cents every quarter from FY 2026 to FY 2028. This raises the dividend payout ratio to an average of 68% from 62% in FY 2025, and provides a floor for absolute dividends going forward, the analysts say. SGX is also well-placed to ride the wave of rotating investment flows back to Asia by offering a venue for trading and managing risks for a broad range of asset classes, the analysts add. The brokerage raises the stock's target price to S$17.67 from S$16.09 with an unchanged buy rating. Shares are 1.5% lower at S$15.78. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 10, 2025 22:50 ET (02:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}