Group CEO Tan Teck Long previously indicated his preference for dividends at the group’s FY2025 results briefing in February. “Given our investor base, which are long-term shareholders, the preference would be for special dividends. Personally, Teck Long prefers special dividends, so that’s certainly an area of flexibility for us,” Goh adds.
Oversea-Chinese Banking Corporation (OCBC) (SGX:O39
) , which still has some $800 million outstanding for share buybacks as part of its capital return plan, may distribute special dividends.
“We will be monitoring the situation to see if conditions are feasible or conducive for further buybacks. If not, we are flexible in terms of returning in the form of special dividends,” says group CFO Goh Chin Yee at the bank’s results briefing for the 1QFY2026 ended March 31, on May 8.
