Oversea-Chinese Banking Corp Ltd (OCBA.DU)
- Simply Wall St.
3 SGX Dividend Stocks Offering Yields From 5.8% To 7.5%
As the digital transformation accelerates, with a significant shift towards online banking as evidenced by widespread branch closures in the UK, investors might look for stability and consistent returns in their portfolios. In this context, high-yield dividend stocks listed on the SGX present an appealing option for those seeking to generate regular income from their investments amidst changing economic landscapes.
- Simply Wall St.
Oversea-Chinese Banking First Quarter 2024 Earnings: Beats Expectations
Oversea-Chinese Banking ( SGX:O39 ) First Quarter 2024 Results Key Financial Results Revenue: S$3.46b (up 6.7% from 1Q...
- Reuters
OCBC posts record Q1 profit, makes $1 billion bid to take Great Eastern private
SINGAPORE (Reuters) -Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and made a S$1.4 billion ($1.04 billion) offer to take its insurer arm Great Eastern private. OCBC, Great Eastern's biggest shareholder, offered a 37% premium over Great Eastern's last traded shares price to buy the 11.56% stake in the insurer that it does not currently own, valuing the insurer at S$12.12 billon. It plans to delist Great Eastern from the Singapore bourse if the deal goes through.
