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UOB ups annual dividend, proposes special dividend but fails to lift stock

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From left: UOB CEO Wee Ee Cheong and CFO Lee Wai Fai at the bank's FY2017 results briefing.

Singapore

UNITED Overseas Bank on Wednesday proposed higher final dividends and also increased its core payout to 80 Singapore cents per annum as it posted a 16 per cent gain in Q4 earnings but it failed to stem the slide in the stock price.

The bank said it will pay a final

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