CW8888: Read? Your Own Personal Investment Return that matters!!!
DBS full year dividend is at $0.58 and that will translate to Uncle8888's personal yield on investment cost @ 7.7%.
7.7% is a decent yield but nothing to shout about. It is unlike Keppel Corp's Yield of dreams of 36.5% in FY 2014 full year dividend of $0.48
The Moral of Story ...
Is your own personal investment return worth the long and patient wait?
Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (4)
SINGAPORE: DBS Group Holdings posted a 4 per cent rise in fourth-quarter net profit and notched record full-year earnings.
Net profit for the October-December period came to S$838 million, below an average forecast of S$931 million from six analysts polled by Reuters.
That compares with a net profit before exceptional items of S$802 million in the same period a year earlier. In the previous year, the sale of a stake in a Philippine bank boosted overall net profit to S$973 million.
Bad debt provisions rose 40 per cent to S$211 million, while trading income dropped 44 per cent with the bank blaming less favourable trading conditions.
DBS' full-year net profit rose 10 per cent to hit a record S$4.05 billion, the bank said.