DBS remains as a safe haven for investors to "hide out and tide through" current uncertainties and market volatility, say RHB Research analysts in a note.
The Singapore bank's dividend and capital return policies offer investors clear visibility on the expected dividend yield ahead, they write.
RHB raises its 2025 dividend per share forecast to S$3.06 from S$2.46 after factoring DBS' plans to introduce a capital return dividend of S$0.15 per quarter. RHB also raises the stock's target price to S$51.20 from S$44.70, while maintaining a buy rating. Shares are 1.0% lower at S$44.92.