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2016 dividends hit by oil & gas troubles, lower special payouts

Bigger-than-expected drop at Singapore banks also contributes to 5.2% slide in ordinary and special dividends to S$16.3b
Thursday, October 27, 2016 - 05:50

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It's a tough year for Singapore stock investors and a dip in 2016 dividends will add to the pain.

Singapore

IT'S a tough year for Singapore stock investors and a dip in 2016 dividends will add to the pain.

Latest data indicates that 2016 dividends will fall a bigger than expected 2.7 per cent from a year ago to S$16 billion from S$16.5 billion, according to financial data

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