2Sem.·

I don't understand the figures!

The share price is currently just under €30 and the annual dividend is just over €2. This results in a dividend yield of almost 7% AND Singapore does not levy withholding tax. The payout ratio is also solid at just over 60% of profits - no capital gains.

At the same time, the bank made a decent profit in the first quarter of 2025 and the management has clear ambitions for growth/expansion in the Asia-Pacific region. So there is really good potential to profit from China and India.

I'm honestly not sure if my numbers are just wrong... did I look them up wrong ?

Why is the stock so cheap?

27.05

DBS Group Holdings

Reçu x69,3 dividendes à 0,75 $SG

51,97 $SG

15 Commentaires

Harald@Madhatter5566

2Sem.

Market participants are simply not rational. Moreover, certain expectations and profits may already be priced in.

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CaYaRo@CaYaRo

2Sem.

choose something:

ℹ️ Dependence on Asia; many investors cautious on China; India strong growth but also with political uncertainties; Singapore politically stable but heavily intertwined with Asian markets
ℹ️ Credit growth at DBS is slowing down;
ℹ️ high dividend yield as "value trap" signal
ℹ️ Shrinking return on equity of DBS, which could unsettle investors
ℹ️ regulatory risks; there is less regulation in Asia than in Europe, but this can change quickly
ℹ️ Low awareness among Western investors; DBS is a top bank in Asia, but hardly present in Europe and the USA
ℹ️ Currency risk: although the Singapore dollar (SGD) is stable, investors in euros or USD must price in exchange rate risks

PS: I have been invested since 4/2024 😃

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Finanzaristokrat@Finanzaristokrat

2Sem.

I only received a dividend of SGD 0.60 from scalable. I am missing the 0.15 SGD as a special dividend.

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Saschko@WarrenamBuffet

2Sem.

@Finanzaristokrat same

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Finanzaristokrat@Finanzaristokrat

1Sem.

@WarrenamBuffet is now at least booked in at Baader. Coming soon

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Saschko@WarrenamBuffet

1Sem.

@Finanzaristokrat ah ok then comes the speperat

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Saschko@WarrenamBuffet

2Sem.

It's just not a US value. But good for us if it's cheap ;)

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Ichbinak63@Ichbinak63

2Sem.

I am still waiting for my dividend from TR

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Marcelo@Marcelo-80

2Sem.

@Ichbinak63 Has it arrived in the meantime? Unfortunately not yet for me, this is the first time so far that TR has not booked the dividend on time.

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Ichbinak63@Ichbinak63

2Sem.

@Marcelo-80 Unfortunately not, the day is still long. If you ask, you always get the standard answers from TR

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Ichbinak63@Ichbinak63

2Sem.

Still waiting ... Annoying

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Ichbinak63@Ichbinak63

2Sem.

Answer from TR Thank you for your patience!

At the moment we have not yet received any information about the May dividend from the issuer. However, as soon as we receive the necessary information, we will inform you immediately.

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Marcelo@Marcelo-80

2Sem.

@Ichbinak63 I haven't received anything yet either.

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Ichbinak63@Ichbinak63

1Sem.

Arrived on Friday, but without a push message

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Manuel@Garondt

2Sem.

The dividend is €1.65 and not over €2, at least according to getquin.

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