No rise seen in local banks' final dividends
Markit also says telcos still among top STI performers with above 5% yield
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ALL three local banks are expected to show no growth in their final dividend payouts, data firm Markit said yesterday.
The three lenders - DBS Group Holdings, OCBC Bank and United Overseas Bank (UOB) - will post Q4 and full-year 2013 results next Friday along with their final dividends.
"These banks have a relatively stable dividend policy and we are forecasting flat growth for all," Markit said in its weekly alert, for top dividend payout in the Asia Pacific region.
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