DBS shares closed 59 cents lower, or 1.17% down, at $49.90 on Aug 15. DBS shares are up more than 13.5% year to date.
DBS’s 2QFY2025 net profit rose 1% y-o-y to $2.82 billion, 1% above consensus. Net profit for 1HFY2025 was slightly lower y-o-y at $5.72 billion compared to $5.76 billion this time last year.
DBS's board declared an interim quarterly dividend of 60 cents per share, along with a capital return dividend of 15 cents per share, bringing the 1HFY2025 amounts to $1.20 per share and 30 cents per share respectively.
The ex-dividend date was Aug 14, a possible factor in DBS's share price decline today.
See also: Large caps lead active value realisation in February
Payment for the interim dividend and capital return dividend will be on or around Aug 25.
Read more about DBS’s results and share price:
See also: An ‘Irrational’ Year of the Fire Horse and ‘DBS at $80’
DBS 2QFY2025 net profit rises 1% y-o-y to $2.82 billion
DBS CEO Tan’s second report card greeted by fleeting record share price of $50
