OCBC, DBS Offer Attractive Dividend Yields -- Market Talk

Dow Jones

Aug 13

0454 GMT - OCBC and DBS provide attractive dividend yields supported by capital management plans, says UOB Kay Hian's Jonathan Koh in a note. The Singapore banking sector offers appealing value with a low price-to-book ratio of 1.52X and a high dividend yield of around 5.9% in 2025, he writes. Asset quality remains relatively stable, despite uncertainties from reciprocal tariffs. His top sector pick is OCBC, followed by DBS, given the former's focus on Asean trade and investment flows. He highlights DBS's 2025 yield of 6.0%, adding that Singapore's largest lender could increase its quarterly dividend payout. UOB KH retains a buy rating and target price of S$20.15 on OCBC and a hold rating and target price of S$52.80 on DBS. OCBC gains 0.4% to S$16.82, DBS is up 0.5% to S$51.24.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

August 13, 2025 00:54 ET (04:54 GMT)

At the request of the copyright holder, you need to log in to view this content

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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2559797126"},"companyName":"Tiger Brokers"},"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:\"2559797126\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2559797126?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-13 12:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2559797126","market":"hk","top_or_hot":-1,"title":"OCBC, DBS Offer Attractive Dividend Yields -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0454 GMT - OCBC and DBS provide attractive dividend yields supported by capital management plans, says UOB Kay Hian's Jonathan Koh in a note. The Singapore banking sector offers appealing value with a low price-to-book ratio of 1.52X and a high dividend yield of around 5.9% in 2025, he writes. Asset quality remains relatively stable, despite uncertainties from reciprocal tariffs. His top sector pick is OCBC, followed by DBS, given the former's focus on Asean trade and investment flows. He highlights DBS's 2025 yield of 6.0%, adding that Singapore's largest lender could increase its quarterly dividend payout. UOB KH retains a buy rating and target price of S$20.15 on OCBC and a hold rating and target price of S$52.80 on DBS. OCBC gains 0.4% to S$16.82, DBS is up 0.5% to S$51.24.(megan.cheah@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  August 13, 2025 00:54 ET (04:54 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>OCBC, DBS Offer Attractive Dividend Yields -- 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\">\nOCBC, DBS Offer Attractive Dividend Yields -- 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\">2025-08-13 12:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0454 GMT - OCBC and DBS provide attractive dividend yields supported by capital management plans, says UOB Kay Hian's Jonathan Koh in a note. The Singapore banking sector offers appealing value with a low price-to-book ratio of 1.52X and a high dividend yield of around 5.9% in 2025, he writes. Asset quality remains relatively stable, despite uncertainties from reciprocal tariffs. His top sector pick is OCBC, followed by DBS, given the former's focus on Asean trade and investment flows. He highlights DBS's 2025 yield of 6.0%, adding that Singapore's largest lender could increase its quarterly dividend payout. UOB KH retains a buy rating and target price of S$20.15 on OCBC and a hold rating and target price of S$52.80 on DBS. OCBC gains 0.4% to S$16.82, DBS is up 0.5% to S$51.24.(megan.cheah@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  August 13, 2025 00:54 ET (04:54 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":"LU0873338254.USD","symbol_name":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2559797126","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559797126","pubTimestamp":1755060840,"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":"0454 GMT - OCBC and DBS provide attractive dividend yields supported by capital management plans, says UOB Kay Hian's Jonathan Koh in a note. The Singapore banking sector offers appealing value with a low price-to-book ratio of 1.52X and a high dividend yield of around 5.9% in 2025, he writes. Asset quality remains relatively stable, despite uncertainties from reciprocal tariffs. His top sector pick is OCBC, followed by DBS, given the former's focus on Asean trade and investment flows. He highlights DBS's 2025 yield of 6.0%, adding that Singapore's largest lender could increase its quarterly dividend payout. UOB KH retains a buy rating and target price of S$20.15 on OCBC and a hold rating and target price of S$52.80 on DBS. OCBC gains 0.4% to S$16.82, DBS is up 0.5% to S$51.24.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0873338254.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) INC","LU0823397285.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999002406.SGD":"利安新加坡信托基金","DBS":"Invesco DB Silver Fund","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","SG9999000459.SGD":"Aberdeen Standard Pacific Equity SGD","LU1634259557.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H","LU0577902454.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) ACC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","LU0261945553.USD":"FIDELITY ASEAN \"A\" ACC","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU0061477393.USD":"CT (LUX) I ASIA EQUITY INCOME \"AU\" (USD) ACC","LU0205439572.USD":"富达亚太股息基金","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","LU1497733557.USD":"EASTSPRING INV ASIAN LOW VOLATILITY EQUITY FUND \"A\" (USD) INC A","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","LU0048573645.USD":"富达东盟基金","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","RJAW.SI":"DBS MB ePW240902","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","DBSDY":"DBS Group Holdings Ltd.","O39.SI":"华侨银行","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","D05.SI":"星展集团控股","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0955623706.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) ACC","SG9999001689.USD":"施罗德亚洲成长股票","LU0675040207.SGD":"JPM ASIA PACIFIC EQUITY \"A\" (SGD) ACC","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","IE0008368411.USD":"FSSA ASIAN GROWTH \"I\" (USD) ACC","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU0577902298.EUR":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (EUR) ACC","LU0955648018.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) INC MF","SG9999000327.SGD":"Schroder Asian Growth A Dis SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","LU0414403682.SGD":"Blackrock Asia Pacific Equity Income A5 SGD-H"},"translate_title":"华侨银行、星展银行提供有吸引力的股息收益率——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"D05.SI":1,"DBS":1,"DBSDY":0.9,"O39.SI":1,"RJAW.SI":1},"content_text":"0454 GMT - OCBC and DBS provide attractive dividend yields supported by capital management plans, says UOB Kay Hian's Jonathan Koh in a note. The Singapore banking sector offers appealing value with a low price-to-book ratio of 1.52X and a high dividend yield of around 5.9% in 2025, he writes. Asset quality remains relatively stable, despite uncertainties from reciprocal tariffs. His top sector pick is OCBC, followed by DBS, given the former's focus on Asean trade and investment flows. He highlights DBS's 2025 yield of 6.0%, adding that Singapore's largest lender could increase its quarterly dividend payout. UOB KH retains a buy rating and target price of S$20.15 on OCBC and a hold rating and target price of S$52.80 on DBS. OCBC gains 0.4% to S$16.82, DBS is up 0.5% to S$51.24.(megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 13, 2025 00:54 ET (04:54 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":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}