dividend

The quick read

What's driving the attention

Investors are showing increased interest in dividends, especially from banks like OCBC, amid strong recent profit growth.

Interest in dividend-paying stocks, particularly those of Singaporean financial institutions like OCBC Bank, has surged. OCBC reported a strong increase in second-quarter profit by 22%, alongside a 47-cent dividend payout. Other companies also announced dividend increases, highlighting the attractiveness of income investments in Singapore's stock market.