Singapore's Q3 dividends up, but lags Apac as regional tech companies boost payouts: report

Singapore

DIVIDENDS from Singapore's largest listed companies rose year on year (yoy) in the third quarter, boosted by a relaxation of restrictions on banking dividends, according to a report by asset management firm Janus Henderson Investors.

But the Global Dividend Index report published on Monday observed that Singapore's dividend growth has lagged the Asia-Pacific region over a 12-year period, as the region's fast-growing tech manufacturers are also boosting cash returns to shareholders.