During the quarter, the bank declared a dividend of 36 cents, bringing the total dividend for the FY2021 to $1.20. The dividend will be payable on or around April 22.
DBS Group Holdings has posted a record net profit of $6.81 billion for the FY2021 ended December, up 44% y-o-y. The higher net profit was backed by higher return on equity (ROE) at 12.5% from 9.1% in the FY2020 previously.
The bank’s earnings for the 4QFY2021 stood 37% higher y-o-y at $1.39 billion.
