MAS lifts dividend restrictions on local banks and finance companies
#1

Atiqah Mokhtar Published on Wed, Jul 28, 2021 / 5:56 PM GMT+8 / Updated 5 hours ago



On July 28, the Monetary Authority of Singapore (MAS) announced that dividend restrictions on locally-incorporated banks and finance companies headquartered in Singapore will not be extended.

In July and August 2020, MAS called on banks and finance companies respectively to cap their total dividends per share (DPS) for FY2020 at 60% of FY2019’s DPS


Full report at The Edge: https://www.theedgesingapore.com/news/ba...-companies
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#2

Jialat , who is the biggest winner when dividend is distributed?
Depositor still the biggest loser!
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