Read? 10% dividend yield for 10 years? Fact or Fiction? (8)
Slightly short of 10% dividend yield for 10 years!
It is just 9.3% p.a for 10 years since 2003
Should be okay. Right?
Moral of the Story:
Patience. 10% p.a. may become fact one day as it is still growing!
DBS is a leading financial services group in Asia, with over 200 branches across 15 markets. The bank's strong capital position, as well as "AA-" and "Aa1" credit ratings that are among the highest in the Asia-Pacific region, earned it Global Finance's "Safest Bank in Asia" accolade for five consecutive years, from 2009 to 2013.
Read? DBS H1 2013 Result
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