29-07-2021, 01:39 PM
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
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