4.7 per cent
The total dividend yield given last year gives a pretty good gauge of how much investors can expect to receive in the following year.
However, 2020 was hardly an ordinary year. Banks had to cap their dividends per share for FY2020 at 60 per cent of FY2019’s dividend per share. Shareholders were also given the option to take scrip instead of cash.
Let’s take a closer look at these three banks and how you can invest in their stocks.
1. DBS
Leading the pack is DBS bank. For the third year in a row, DBS was named the ‘Best Bank in the World’.