I would recommend $DBS Group H

2022-05-20

I would recommend $DBS Group Holdings Ltd.(DBSDF)$as it is an iconic company/bank in SG.

DBS is a multinational banking and financial services corporation.

Its global client base means that if the Singapore economy does get up and running before those of other countries, DBS could make the most of the head start.

Also, DBS has weathered the COVID storm relatively well, and the financial sector as a whole would benefit from global interest rate levels rising as that helps improve their profit margins.

Often tipped as a good Singapore dividend stock the firm has generated a near 3% yield for investors over the last four years.

Hence I would highly recommend this SG stock.☺️

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Comments

Chilli Padi
2022-05-20
Chilli Padi
Not sure if is a good idea to hold on to financial stocks at this juncture as most are at their 52lows. The financial sector has been badly battered in the current market.
Donald TH
2022-05-20
Donald TH
I would wait till end of July
- LNM888:
  boo
BellaFaraday
2022-05-21
BellaFaraday
To be honest I don't think it has a high dividend yield.
MoonJin
2022-05-20
MoonJin
important is make money
DonnaMay
2022-05-21
DonnaMay
The bank stocks in Singapore are very good.
Maria_yy
2022-05-21
Maria_yy
Do you think it is a good value to buy DBS now?

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