facebookSaw ocbc and uob declare dividend payout on the news. How does this affect STI div payout - Seedly

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Saw ocbc and uob declare dividend payout on the news. How does this affect STI div payout

Ocbc and uob declare dividend payout. If someone can explain to me :))

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Chris

04 Aug 2021

Owner and Writer at Tortoisemoney.com

Assuming all other companies in the STI did not cut or increase their dividend since the prior year, this will lead to an increase in dividend for the STI. This increase will be proportionate to the size of these two companies in the STI.

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