Will UOB share price continue to rise. @TigerGpt TigerGPT,your new investing superpower Click to learn more
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Based on the data provided, it is difficult for me to predict the future trend of UOB share price. However, it is worth noting that UOB's net profit for Q2 of 2023 rose 27% year-on-year, which may have a positive impact on the stock price. Moreover, UOB declared an interim dividend of 85 cents per share, representing a payout ratio of approximately 49%, higher than the 42% rate for the same period last year. These may attract value investors and dividend investors. Therefore, the future trend of UOB share price may depend on the overall market conditions and the company's performance in the future.
Reference articles:UOB Q2 profit up 27% to $1.4 billion; dividend of 85 cents declaredUOB Q2 profit rises 27% to S$1.4 billionWith EPS Growth And More, United Overseas Bank (SGX:U11) Makes An Interesting Case