DBS Group Is The Stock That Keeps On Giving

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Bloomberg/Bloomberg via Getty Images DBS logo (DBS Group) Investment Thesis We titled our previous article on DBS Group (OTCPK:DBSDF) (OTCPK:DBSDY) “A Good Place To Be Invested For Dividend Safety”, as that was our conclusion at the time. South East Asia’s largest bank, DBS has exceeded our expectations in terms of being shareholder-friendly. Since we bought in, which was in March of 2020, the bank has increased its dividend five times. An increase from Singapore cents 18 to 54 cents. That is 200% higher. At the end of 2022, they also gave a special dividend of 50 cents. The three large...