The Monetary Authority of Singapore (MAS) lifted its dividend cap on Singapore banks (DBS, UOB, OCBC) as the global economy rebounds following gradual re-openings and vaccine rollouts. This also means that the dividends from the three banks are now back to pre-pandemic levels -- if not higher.
In this episode, we talk about the current financial status of the three Singapore banks, their upside moving forward, and whether it's still a good time to buy them for dividends and capital gains.