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)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2558363358"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2558363358\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2558363358?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-11 10:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2558363358","market":"other","top_or_hot":-1,"title":"Singapore Exchange's New Dividend Policy Raises Medium-Term Yield Visibility -- Market Talk","media":"Dow Jones","content":"<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>","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: 12.5px; color: #7E829C; margin: 0;}\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<h4 class=\"meta\">\n<div class=\"head\" \">\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 smaller\">2025-08-11 10:50</p>\n</div>\n</div>\n</h4>\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</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ES3.SI","symbol_name":"STI ETF","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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ES3.SI":"STI ETF","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","BK6033":"金融交易所和数据","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU0877626530.USD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","LU1119993845.HKD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (HKDHDG) INC","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU2242646235.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) ACC","BK6516":"银行与投资服务概念","LU0326948709.USD":"SCHRODER ISF ASIAN TOTAL RETURN \"A\" (USD) ACC","FSTM.SI":"富时海峡中盘指数","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU0188438112.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","SG9999013478.USD":"利安新加坡股息基金","LU2242646821.SGD":"Fidelity Global Dividend Plus A-MINCOME(G)-SGD","BK6523":"ESG概念","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU2242652126.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) INC","LU1920063259.USD":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (USDHDG) INC","LU2401740654.USD":"FIDELITY SUSTAINABLE GLOBAL DIVIDEND PLUS \"A\" (USD) INC","STI.SI":"富时新加坡海峡指数","FSTAS.SI":"富时海峡全股指数","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","LU1920062954.HKD":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (HKDHDG) INC","LU0205439572.USD":"富达亚太股息基金","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999001135.SGD":"United ASEAN Fund SGD","S68.SI":"新加坡交易所"},"translate_title":"新加坡交易所新股息政策提高中期收益率能见度——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US10Y.BOND":1,"S68.SI":1,"ES3.SI":0.6,"US3Y.BOND":1,"US5Y.BOND":1,"US7Y.BOND":1,"FSTM.SI":0.6,"STI.SI":0.6,"US30Y.BOND":1,"US6M.BOND":1,"FSTAS.SI":0.6,"US12M.BOND":1,"US2Y.BOND":1},"content_text":"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\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"}}}