To The Moon

$OVERSEA-CHINESE BANKING CORP(O39.SI)$ div ex date 14 August 2023, SGD 0.40 pay date 25 August 2023. Total income rose 30 per cent year on year to S$3.5 billion from S$2.7 billion, with net interest income for the quarter up 40 per cent on the year to S$2.4 billion as opposed to S$1.7 billion previously. The bank said this was underpinned by asset growth and higher net interest margin, which registered a 55 basis point increase to 2.26 per cent on the back of higher market interest rates. Non-interest income grew 11 per cent to S$1.1 billion, mainly from net gains from the sale of investment securities and higher profit from insurance, partly offset by lower fee and trading income. The bank’s non-performing loans ratio stood at 1.1 per cent, down from 1.3 per cent the previous year. Means this year total dividend 0.80 as of today price, yield about 6% which is good in my personal opinion. It's one of my favourite blue chips 😍 Not investment advice, i am a low risk investor, from it's dividend i will use to buy US expensive stocks like $Tesla Motors(TSLA)$ $Meta Platforms, Inc.(META)$ when there is pull back.