facebookWith DBS deferring its upcoming dividend in Apr to a later unannounced date, will the current XD status still remain or will change? - Seedly

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Anonymous

02 Apr 2020

āˆ™

General Investing

With DBS deferring its upcoming dividend in Apr to a later unannounced date, will the current XD status still remain or will change?

What will be the determining factors that will affect the changes?

Discussion (2)

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Elijah Lee

02 Apr 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

As virtual AGMs can't be held at this point (it's not allowed by law), a lot will hinge on the outcome of a proposed Parliment sitting this month which might allow for changes to the law to allow for virtual AGMs. Once that is settled, DBS can then issue a new AGM date and subsequently the new XD and payment dates for the dividend.

Just Being Ernest

02 Apr 2020

Content Creator at www.youtube.com/c/JustBeingErnest

I think this is unprecedented events, not too sure how will it turn out.

My likely guess is since the dividends payout will require AGM approval and AGM date is moved, the dividend payout date will be moved as well.

https://www.shareinvestor.com/news/news.html?so...
I make videos about interesting stuff at youtube here​​​

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