DBS Shares Rise to Record With Dividend Plan, Wealth Boost
- Fee income gains 12%, driven by wealth as AUM at record high
- Net interest income in 2025 seen slightly above last year
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DBS Group Holdings Ltd. shares jumped after the lender reported earnings that met expectations and unveiled an investor payout plan.
Southeast Asia’s biggest lender plans to introduce a dividend of 15 Singapore cents per share per quarter to be paid out over 2025 as a start, DBS said Monday. A similar amount of capital either through this or other mechanisms in the subsequent two years is expected to be distributed, showing commitment to managing down its stock of excess capital, it said.