Singapore's major banks, including DBS (SGX:D05) and Oversea-Chinese Banking (SGX:O39) are likely to continue paying big dividends despite potential impacts from the US tariffs, Singapore Business Review reported Wednesday, citing brokerage firm UOB Kay Hian.
DBS is likely to maintain a dividend of SG$0.0060 per share in Q4 while OCBC will maintain a dividend of SG$1 in 2025, the report said.
However, increased economic stress due to the intensive nature of the trade wars could force the two banks to revise their forecasts, the report said.
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