DBS Likely to Deliver Higher Dividend Into 4Q -- Market Talk

Dow Jones

05/11

0202 GMT - DBS Group is likely to deliver higher dividend per share into 4Q, which should narrow the dividend yield gap compared with peers, Citi analyst Tan Yong Hong says in a note. The Singapore bank posted better-than-expected 1Q results, thanks to a strong wealth segment performance. Citi reiterates DBS as its preferred pick due to its exposure to the Asian wealth management business, with strong assets under management momentum. Citi has a buy rating on the stock and raises its target price to S$65.00 from S$63.60. DBS shares are 1.0% higher at S$58.44. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

May 10, 2026 22:02 ET (02:02 GMT)

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(amanda.lee@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 10, 2026 22:02 ET (02:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"LU0261947096.USD","symbol_name":"FIDELITY FUNDS  SUSTAINABLE ASIA EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2634857473","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2634857473","pubTimestamp":1778464920,"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":"0202 GMT - DBS Group is likely to deliver higher dividend per share into 4Q, which should narrow the dividend yield gap compared with peers, Citi analyst Tan Yong Hong says in a note. 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