UOB Bank - Sold down from 29.24 for 2 days to touch 28.22 this morning. Almost down 1.02 as compared to the Final dividend of 0.85 looks like a interesting level to monitor! At 28.27 yield is about 6 percent of which is quite a nice yield! Please dyodd.

 UOB Bank - Sold down from 29.24 for 2 consecutive days to touch 28.22 this morning. Almost down 1.02 as compared to the Final dividend of 0.85 looks like a interesting level to monitor! 

Pls take note The CEO just bought back 100,000 share about 28.495 on 22nd February 2024. 

At 28.27 yield is about  6 percent of which is quite a nice yield! 

Please dyodd. 

 UOB Bank - FY results is out! FY Net profit is up 26 percent to 6.1b.4th quarter net profit climbed to S$1.40 billion ($1.04 billion) from S$1.15 billion a year earlier.Proposed a Final dividend of 85 cents as expected but no special dividend or Bonus issue like Dbs bank. Lets see how market react! 

XD of 85 cents on 25th April.

At 29.24, yield is about 5.8%.

UOB reported 

a 22% rise in net profit in the fourth quarter from a year earlier on the back of higher net fee and non-interest income.

UOB, which is Southeast Asia's third-largest bank by assets, said October-December net profit climbed to S$1.40 billion ($1.04 billion) from S$1.15 billion a year earlier.

The bank recommended the payment of a final dividend of 85 Singapore cents per share, bringing the total dividend for 2023 to S$1.70 per share.