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Local banks likely to raise interim payouts: Markit

Over the years they have paid stable but incremental dividends

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ALL three local banks, DBS Group Holdings, United Overseas Bank and OCBC Bank, are likely to increase their interim dividends, said Markit yesterday - PHOTO: ST

ALL three local banks, DBS Group Holdings, United Overseas Bank and OCBC Bank, are likely to increase their interim dividends, said Markit yesterday.

The financial-services data firm said that it was forecasting dividend per share of S$0.30 for DBS, representing a 7.1 per cent growth over

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