UOB could announce special dividendsUOB will be the first to report its financial results on February 19.
Institutional investors have maintained strong confidence in Singapore’s banking stocks, with cumulative net inflows of S$1.19 billion in 2024. The three banks currently offer attractive dividend yields: DBS at 4.8%, OCBC at 5.0%, and UOB at 4.6%, all above their respective five-year averages.
Investors will be keenly watching capital management plans, dividend strategies, and loan growth trends. With a resilient earnings base, strong institutional confidence, and the potential for capital returns, Singapore’s banking sector looks set to maintain its strong performance into 2025.