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Temasek-linked firms lift dividends 40% to record S$9.3 billion

DBS accounts for almost half of total payout, Singtel S$2.8b and the rest S$2.2b

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Published Tue, Jun 19, 2018 · 09:50 PM

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    Singapore

    SHAREHOLDERS of Temasek-linked companies will be enjoying a dividend bonanza this year as payouts will jump almost 40 per cent to a record S$9.3 billion.

    The combined dividends of eight TLCs for 2018 is expected to balloon 38 per cent from 2017's S$6.7 billion which includes the one-off special of S$1.28 billion from DBS, Singapore's largest listed company by market capitalisation.

    TemasekDBSSingtelCapitaLandSATSST EngineeringIHS Markit

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