Dividends

THE BOTTOM LINE

Time for AGMs to be more forward-looking

A forward-looking approach to the annual general meeting helps instil shareholder confidence

Share buybacks are more beneficial if management believes that the company's shares are undervalued, or when it wants to signal confidence in its long-term prospects.
BT EXPLAINS

Special dividends or share buybacks: How companies decide and what each means for investors

Income-focused shareholders may prefer special dividends, while value investors may favour buybacks

Singapore's “rapid” 19.3% top-line growth is propelled by one-off payments by banks, large special dividends and exchange rates.

Singapore firms’ 2025 dividend payouts hit US$18.7 billion record high amid boost from banks: study

This follows a US$2.1 trillion record for global dividends and higher than normal dividends from DBS and Singapore telcos

On Feb 9, DBS posted a 10% fall in net profit to S$2.26 billion for the fourth quarter ended Dec 31, 2025.

DBS capital return plans remain bright spot even with weaker earnings ahead: analysts

For 2026, the lender sees total income around 2025 levels and net profit slightly below 2025 levels

Beijing-based Baidu expects to declare the first payment of a dividend this year, which may include regular or special distributions.

Baidu approves US$5 billion share buyback, first dividend

The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returns

Protests against Donald Trump in Greenland. The Trump administration says it wants to take the territory "one way or another" before China or Russia does.
DIARY OF A PRIVATE INVESTOR

Stay nimble to expect the unexpected

With cash, we can easily position our portfolios to capture opportunities as and when they arise

The trades in the HSBC case involved Paris traders intervening in transactions that were orchestrated from London, to avoid French taxes.

HSBC agrees to pay 300 million euros to end French tax dividend probes

The settlement recognises the bank’s cooperation and the corrective measures it took to address the historic issues

While the global energy sector is dismissed as cyclical and politically fraught, China’s state-owned energy giants have been financial powerhouses.

Consider Chinese dividends for your portfolio in 2026

The macro picture strengthens the case for state-owned enterprise stocks