Tag Archives: OCBC

DBS- script dividend is out of money

DBS announced the script dividend of $0.60 per share at a conversion of $20.99 per share. This was established during the book clourse around the end April 2015. In the month of May 2015, the share price had been higher than $21 per share for the first … Continue reading

Posted in DBS, YZ-BANKS, Z-Personal Finance | Tagged , , , , , , | Leave a comment

OCBC – script dividend in the money

Recently, OCBC announced the distribution of scrip dividend in lieu of cash dividend. Its dividend was $0.18 per share and the bank had established a conversion rate of $9.50 per share, a discount to on-going share price. Given the discount to the prevailing … Continue reading

Posted in OCBC, YZ-BANKS, Z-Personal Finance | Tagged , , , , , , , | Leave a comment

Singapore banks – Net interest margins (NIM)

Much fanfare has been thrown on banks’ net interest margin (NIM) as the impending interest rates hike seemed to gain traction. As it is, our interest rate lags behind the US interest rates, and it is only a matter of … Continue reading

Posted in DBS, OCBC, YZ-BANKS, Z-FINANCIAL EDUCATION, Z-INVESTMENTS | Tagged , , , , , | Leave a comment