Description Announced Date Ex Date Payment Date Amount (cents) 1 2020: 2Q interim dividend 2: 6-Aug-20: 14-Aug-20: 5-Oct-20: 18 one-tier (Scrip price: $21.04) 1Q interim dividend Maintain BUY on SingTel with a lower target price. Woes in Optus continue, prompting earnings cut Optus likely to witness a sharp … The first result was from the DBS website itself. Participation in the SDS … With scrip dividend scheme in place, 12.25 Scts dividend per share (5.3% yield) seems easily sustainable. What is the Scrip Dividend Scheme (SDS)? So the Scrip Dividend Scheme (SDS) “provides shareholders with the option of receiving their dividends in the form of shares instead of cash.” In other words, DBS is allowing me to earn more of their shares. DBS Scrip Dividend Details In its 2020 second-quarter earnings release on 6 August 2020, DBS said that it’s declaring a dividend of S$0.18 per share and the scrip dividend scheme will be applicable. The SDS provides shareholders with the option of receiving their dividends in the form of shares instead of cash. This is in line with the MAS guidance for local banks to moderate their dividends for 2020 and for scrip dividend to be made available.

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