Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected

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Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected

The Straits Times2021-07-29

SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions. At 9.15am, DBS ...

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Comment（13）

Kyler28
·2021-07-29
Wow
Reply
1
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senggy
·2021-07-29
Wow
Reply
Like
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Stchua
·2021-07-29
[Happy]
Reply
1
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glorify
·2021-07-29
Great news! Cheers! MAS lifts up dividend cap, it will benefit shareholders! All 3 local banks keep going!??
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6
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- bernardtayet:
  Well said
  2021-07-29
  Reply
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JonLucky
·2021-07-29
Good news for patient shareholders
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1
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- keaty:
  I'll get more dividends..... ?
  2021-07-31
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- Kyler28:
  Good
  2021-07-29
  Reply
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- Zwei2:
  yeah
  2021-07-29
  Reply
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Deonc
·2021-07-29
good news
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7
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- JonLucky:
  patience pays off eventually
  2021-07-29
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- Deonc:
  Agreed
  2021-07-29
  Reply
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lee12
·2021-07-29
Nice
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2
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Yimyim
·2021-07-29
Good move by MAS.
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- mokkie:
  Yeah
  2021-07-29
  Reply
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RainbowMouse
·2021-07-29
Very positive news
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4
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Annalz
·2021-07-29
Great news
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3
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Soksok
·2021-07-29
Like
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2
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syleo
·2021-07-29
?
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5
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- starbu:
  ?
  2021-07-29
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一心只想投资赚点生活费
·2021-07-29
Nice
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2
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UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. 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DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":801740974,"gmtCreate":1627537741698,"gmtModify":1703491936811,"author":{"id":"3572066448099019","authorId":"3572066448099019","name":"Kyler28","avatar":"https://static.tigerbbs.com/681212068841fb2c5fe507d763806d66","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801740974","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801789301,"gmtCreate":1627534858403,"gmtModify":1703491881524,"author":{"id":"3582004017168259","authorId":"3582004017168259","name":"senggy","avatar":"https://static.tigerbbs.com/850ce801d0041986389c91cc81473fca","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801789301","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; 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higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801795250,"gmtCreate":1627533067570,"gmtModify":1703491847091,"author":{"id":"3586774718687945","authorId":"3586774718687945","name":"Stchua","avatar":"https://static.tigerbbs.com/9c6da38be819096178bf3d64e02165e0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801795250","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801471524,"gmtCreate":1627531294068,"gmtModify":1703491813164,"author":{"id":"4087698744325360","authorId":"4087698744325360","name":"glorify","avatar":"https://static.tigerbbs.com/bb1a0d88b0029e6cb51d7065d6b143e5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great news! Cheers! MAS lifts up&nbsp;dividend cap, it will benefit&nbsp;shareholders! All 3 local banks&nbsp;keep going!??","listText":"Great news! Cheers! MAS lifts up&nbsp;dividend cap, it will benefit&nbsp;shareholders! All 3 local banks&nbsp;keep going!??","text":"Great news! Cheers! MAS lifts up dividend cap, it will benefit shareholders! All 3 local banks keep going!??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801471524","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5366340,"gmtCreate":1627538231146,"gmtModify":1663231658460,"authorId":3583377018896117,"author":{"id":3583377018896117,"authorId":3583377018896117,"name":"bernardtayet","avatar":"https://static.tigerbbs.com/43e8c1fc37a4bff2a94af98953cff267","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"60.61%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801471524,"type":1,"supId":0,"prevId":0,"content":"Well said","text":"Well said","html":"Well said"}],"langContent":"EN"},{"id":801455089,"gmtCreate":1627530216141,"gmtModify":1703491789804,"author":{"id":"3573703375513385","authorId":"3573703375513385","name":"JonLucky","avatar":"https://static.tigerbbs.com/15afb66e92e4e4d6d1a8e9b7854e9d5e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Good news for patient shareholders&nbsp;","listText":"Good news for patient shareholders&nbsp;","text":"Good news for patient shareholders","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/801455089","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5382939,"gmtCreate":1627681933849,"gmtModify":1663231731842,"authorId":3578631759891221,"author":{"id":3578631759891221,"authorId":3578631759891221,"name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801455089,"type":1,"supId":0,"prevId":0,"content":"I'll get more dividends..... ?","text":"I'll get more dividends..... ?","html":"I'll get more dividends..... ?"},{"id":5366307,"gmtCreate":1627537753100,"gmtModify":1663231659452,"authorId":3572066448099019,"author":{"id":3572066448099019,"authorId":3572066448099019,"name":"Kyler28","avatar":"https://static.tigerbbs.com/681212068841fb2c5fe507d763806d66","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801455089,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"},{"id":5365516,"gmtCreate":1627530558908,"gmtModify":1663231656037,"authorId":3580356429010047,"author":{"id":3580356429010047,"authorId":3580356429010047,"name":"Zwei2","avatar":"https://static.tigerbbs.com/9d0132a4cde9155d859c3873325d194e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801455089,"type":1,"supId":0,"prevId":0,"content":"<u>yeah</u>","text":"<u>yeah</u>","html":"<u>yeah</u>"}],"langContent":"EN"},{"id":801451579,"gmtCreate":1627529965791,"gmtModify":1703491786074,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"good news","listText":"good news","text":"good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/801451579","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5365474,"gmtCreate":1627530315393,"gmtModify":1663231655957,"authorId":3573703375513385,"author":{"id":3573703375513385,"authorId":3573703375513385,"name":"JonLucky","avatar":"https://static.tigerbbs.com/15afb66e92e4e4d6d1a8e9b7854e9d5e","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801451579,"type":1,"supId":0,"prevId":0,"content":"patience pays off eventually","text":"patience pays off eventually","html":"patience pays off eventually"},{"id":5371518,"gmtCreate":1627573355609,"gmtModify":1635164801989,"authorId":3569316529855154,"author":{"id":3569316529855154,"authorId":3569316529855154,"name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801451579,"type":1,"supId":5365474,"prevId":0,"content":"Agreed","text":"Agreed","html":"Agreed"}],"langContent":"EN"},{"id":801450134,"gmtCreate":1627529695828,"gmtModify":1703491780732,"author":{"id":"3579588834516990","authorId":"3579588834516990","name":"lee12","avatar":"https://static.tigerbbs.com/12361a2024c0ae8c8d97fd2339a79201","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801450134","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801428259,"gmtCreate":1627529251771,"gmtModify":1703491772317,"author":{"id":"3585740155976241","authorId":"3585740155976241","name":"Yimyim","avatar":"https://static.tigerbbs.com/132cfc1b0cf215d422e5277c1976e8e8","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Good move by MAS.&nbsp;","listText":"Good move by MAS.&nbsp;","text":"Good move by MAS.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801428259","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5365322,"gmtCreate":1627529296779,"gmtModify":1663231655052,"authorId":3554854598717843,"author":{"id":3554854598717843,"authorId":3554854598717843,"name":"mokkie","avatar":"https://static.tigerbbs.com/6cd87f99bfb3537660593815fa3f088b","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.41%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801428259,"type":1,"supId":0,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah"}],"langContent":"EN"},{"id":801460421,"gmtCreate":1627528364763,"gmtModify":1703491752731,"author":{"id":"3580115316362183","authorId":"3580115316362183","name":"RainbowMouse","avatar":"https://static.tigerbbs.com/40f6eca7c9c245322562c67c707813d1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Very positive news","listText":"Very positive news","text":"Very positive news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801460421","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801481617,"gmtCreate":1627528031439,"gmtModify":1703491741850,"author":{"id":"3577089953267281","authorId":"3577089953267281","name":"Annalz","avatar":"https://static.tigerbbs.com/ffd285ab6189bb61da4b48c3e149eedc","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Great news","listText":"Great news","text":"Great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801481617","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801419637,"gmtCreate":1627527384629,"gmtModify":1703491724659,"author":{"id":"3579684763801587","authorId":"3579684763801587","name":"Soksok","avatar":"https://static.tigerbbs.com/03c4a8d2787d3c5042bccff3b0bb60f1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801419637","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801432166,"gmtCreate":1627527046555,"gmtModify":1703491717200,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801432166","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5364986,"gmtCreate":1627527144199,"gmtModify":1663231653552,"authorId":3582170029416720,"author":{"id":3582170029416720,"authorId":3582170029416720,"name":"starbu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801432166,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":801433755,"gmtCreate":1627526888477,"gmtModify":1703491711496,"author":{"id":"3572494811830247","authorId":"3572494811830247","name":"一心只想投资赚点生活费","avatar":"https://static.tigerbbs.com/5437c27ca4df78484ade1d95f574d7ba","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801433755","repostId":2155438974,"repostType":4,"repost":{"id":"2155438974","pubTimestamp":1627526740,"share":"https://www.laohu8.com/m/news/2155438974?lang=&edition=full","pubTime":"2021-07-29 10:45","market":"sg","language":"en","title":"Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2155438974","media":"The Straits Times","summary":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) aft","content":"<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore banks' shares surge after MAS lifts dividend cap; higher payouts expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore banks' shares surge after MAS lifts dividend cap; higher payouts expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/dbs-uob-ocbc-shares-surge-after-mas-lifts-dividend-cap-higher-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155438974","content_text":"SINGAPORE - Shares of Singapore's three listed banks rose strongly on Thursday morning (July 29) after the Monetary Authority of Singapore (MAS) lifted dividend payout restrictions.\nAt 9.15am, DBS Bank was up 20 cents, or 0.9 per cent, to $30.34; UOB gained 29 cents, or 1.1 per cent, to $26.21; while OCBC Bank jumped 19 cents, or 1.6 per cent, to $12.26. The trio were the top three most heavily traded stocks in terms of value.\nIn its announcement after the stock market closed on Wednesday, MAS said dividend restrictions on locally incorporated banks and finance companies headquartered in Singapore would not be extended starting from this financial year, with \"Singapore's economy expected to continue on its recovery path\".\nMAS said the banks' strong capital adequacy ratios \"are projected to remain resilient\" even if there is a \"stalled global recovery associated with delays in vaccine deployment and a global resurgence in the pandemic due to mutated virus strains\".\nIn July and August last year, MAS had called on local banks and finance companies to cap their total dividends per share (DPS) for the 2020 financial year at 60 per cent of DPS in 2019. Instead, shareholders were given the option of receiving the remaining dividends for 2020 in shares.\nIHS Markit said in a report released earlier this month that dividend payouts for DBS, OCBC and UOB are expected to make a \"strong comeback\" this year due to the banks' strong capital positions and improving economic outlook.\nThe data analytics company predicted that the three banks could increase DPS by as much as 40 per cent on average this year.\nRating agency Moody's expects DBS, OCBC and UOB, to increase dividend payments to pre-pandemic levels of around 50 per cent of their net income.\nIn 2019, OCBC registered a dividend payout ratio of 47 per cent, while UOB maintained a dividend payout ratio policy of about 50 per cent of earnings. DBS had paid an absolute DPS of 33 cents per quarter.\nThe dividend payout ratio is the percentage of earnings paid to shareholders in dividends.\nOCBC and UOB will release their second-quarter results on Aug 4, and DBS on Aug 5.\nIn a statement on Wednesday evening, DBS chief financial officer Chng Sok Hui said the bank will \"take into account\" MAS' latest move in considering its dividends in the upcoming results.\nOCBC chief financial officer Darren Tan said the bank will \"heed MAS' guidance and will determine and declare our interim dividend accordingly\".\nMr Lee Wai Fai, UOB's group chief financial officer, \"welcomed the move\" by MAS to lift dividend restrictions.\nThe three Singapore banks lead among South-east Asian markets in terms of aggregate dividend payouts recovery this year, the IHS Markit report noted.\nThe move follows a similar relaxation by the European Central Bank this month, and by the United States Federal Reserve in March this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":82,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}