Uob - The chief bought 200k share yesterday at 38.6497 , boosting confidence especially with higher Final dividend of 92 cents plus special dividend of 50 cents.
Price may likely rise up to retest the recent high of 39.20. A decisively breakout with ease she may likely rise further up towards 40.00 and above.
Yield is about 6.1% including special dividend. ( 0.92 x 2 + 0.50= 2.34).
Pls dyodd.
19 Feb 2029:
The price seem like showing rejection of the high and we may see a reversal indication!
Pls dyodd.
UOB reported a record net profit of S$6.0 billion, up 6%, for FY24, with a
final dividend of 92 cents per ordinary share.
As part of the Bank’s capital distribution strategy, the Board announced a S$3 billion package to distribute surplus capital over the next three years. The package comprises special dividends and share buybacks. A special dividend of 50 cents per ordinary share is recommended in 2025, distributing S$0.8 billion of UOB’s surplus capital. This is also to mark the Bank’s 90th anniversary. In addition, a new share buyback programme of S$2 billion has been introduced.
NICE set of financial numbers!
https://sporeshare.blogspot.com/2025/02/uob-chief-bought-200k-share-yesterday.html
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- NotWizard·2025-02-21Is it a good buy ? 🙄1Report
- icycrystal·2025-02-21thanks for sharing2Report