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Business
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Number of pages / Number of words: |
3 / 577 |
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However, DBS's stance for the upcoming financial year could be said to be rather aggressive and growth seeking, with the pending purchase of KEB and other investments in China and Malaysia, listed in the Micro Environment issues. Thus it is relatively safe to assume that payout ratio and dividends for 2007 will fall as profits would be used to grow the company...
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Thus it is relatively safe to assume that payout ratio and dividends for 2007 will fall as profits would be used to grow the company.
After 2007, it can be assumed that DBS's investments would have matured and start reaping in profits, leading to a constant growth of around 16% in dividend payout, leading to a $0...
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