DBS Hasn't Bought Back Its Own Shares in a Year. UOB Just Bought Back Last Month. 🦖

The Investing Iguana

DBS Hasn't Bought Back Its Own Shares in a Year. UOB Just Bought Back Last Month. 🦖

🔍 The Angle

OCBC’s ordinary yield is only 2.94%, despite having the strongest profit growth of the three banks. That contradiction is where I started digging, because management’s capital decisions may reveal more than the headline earnings numbers. All three banks have recently reached record highs, but their own share repurchase behaviour is moving in different directions.

💰 What It Means For You

For a CPF or SRS income portfolio, a strong profit headline does not automatically create dependable cashflow. DBS offers 4.23% on the broader distribution basis, UOB delivers 3.67%, while OCBC’s ordinary yield sits below my income floor. I also examine UOB’s S$902 million of new problem loans and whether that is a warning sign or simply something to monitor.

📺 YouTube: https://youtu.be/tRskhE3bzHg

📩 Substack: https://investingiguana.com/p/dbs-hasnt-bought-back-its-own-shares

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UOB Just Bought Back Last Month. 🦖","html":"<html><head></head><body><p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fef12d8c91157a081bdd0db9f9e469d0\" tg-width=\"1920\" tg-height=\"1080\"></p>\n<p><strong>DBS Hasn't Bought Back Its Own Shares in a Year. UOB Just Bought Back Last Month. 🦖</strong></p>\n<p>🔍 The Angle</p>\n<p>OCBC’s ordinary yield is only 2.94%, despite having the strongest profit growth of the three banks. That contradiction is where I started digging, because management’s capital decisions may reveal more than the headline earnings numbers. All three banks have recently reached record highs, but their own share repurchase behaviour is moving in different directions.</p>\n<p>💰 What It Means For You</p>\n<p>For a CPF or SRS income portfolio, a strong profit headline does not automatically create dependable cashflow. DBS offers 4.23% on the broader distribution basis, UOB delivers 3.67%, while OCBC’s ordinary yield sits below my income floor. I also examine UOB’s S$902 million of new problem loans and whether that is a warning sign or simply something to monitor.</p>\n<p>📺 YouTube: https://youtu.be/tRskhE3bzHg</p>\n<p>📩 Substack: https://investingiguana.com/p/dbs-hasnt-bought-back-its-own-shares</p></body></html>","htmlText":"<html><head></head><body><p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fef12d8c91157a081bdd0db9f9e469d0\" tg-width=\"1920\" tg-height=\"1080\"></p>\n<p><strong>DBS Hasn't Bought Back Its Own Shares in a Year. UOB Just Bought Back Last Month. 🦖</strong></p>\n<p>🔍 The Angle</p>\n<p>OCBC’s ordinary yield is only 2.94%, despite having the strongest profit growth of the three banks. That contradiction is where I started digging, because management’s capital decisions may reveal more than the headline earnings numbers. All three banks have recently reached record highs, but their own share repurchase behaviour is moving in different directions.</p>\n<p>💰 What It Means For You</p>\n<p>For a CPF or SRS income portfolio, a strong profit headline does not automatically create dependable cashflow. DBS offers 4.23% on the broader distribution basis, UOB delivers 3.67%, while OCBC’s ordinary yield sits below my income floor. I also examine UOB’s S$902 million of new problem loans and whether that is a warning sign or simply something to monitor.</p>\n<p>📺 YouTube: https://youtu.be/tRskhE3bzHg</p>\n<p>📩 Substack: https://investingiguana.com/p/dbs-hasnt-bought-back-its-own-shares</p></body></html>","text":"DBS Hasn't Bought Back Its Own Shares in a Year. UOB Just Bought Back Last Month. 🦖 🔍 The Angle OCBC’s ordinary yield is only 2.94%, despite having the strongest profit growth of the three banks. That contradiction is where I started digging, because management’s capital decisions may reveal more than the headline earnings numbers. All three banks have recently reached record highs, but their own share repurchase behaviour is moving in different directions. 💰 What It Means For You For a CPF or SRS income portfolio, a strong profit headline does not automatically create dependable cashflow. DBS offers 4.23% on the broader distribution basis, UOB delivers 3.67%, while OCBC’s ordinary yield sits below my income floor. I also examine UOB’s S$902 million of new problem loans and whether that is a warning sign or simply something to monitor. 📺 YouTube: https://youtu.be/tRskhE3bzHg 📩 Substack: https://investingiguana.com/p/dbs-hasnt-bought-back-its-own-shares","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/595152153449696","repostId":0,"isVote":1,"tweetType":1,"viewCount":31,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":827,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/595152153449696"}