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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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 provider IHS Markit
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts