0031 GMT - DBS Group's attractive dividend yield is likely to continue supporting to its share price, says OCBC Investment Research's Carmen Lee in a note. Singapore's largest lender posted strong 3Q earnings that beat consensus estimates, she says. DBS said it will propose a S$0.06 quarterly step-up in dividends for 2026, which should result in a S$0.81 dividend per quarter, notes Lee. The lender's commitment to its capital-return strategy is likely to boost its shares, she adds. Meanwhile, the wealth management segment, which led growth in total income, is likely to remain a key income contributor, she says. OCBC raises its fair-value estimate to S$55.00 from S$54.00 but maintains its hold rating. Shares last closed at S$55.54.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 06, 2025 19:31 ET (00:31 GMT)

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