No rise seen in local banks' final dividends

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.