UOB – It may go down to test 36.00. If unable to hold, further, we could see it going towards 35 and below
UOB – It may go down to test 36.00. If unable to hold on, going forward, we could see him test 35 and below! With ME stress, the stock market will likely remain volatile! Diode please. UOB Group recorded an operating profit of S$7.7 billion for the financial year ending December 31, 2025 (FY25), driven by strong charge momentum in our wholesale banking and retail banking businesses. Net profit for FY25 declined 23% from the previous year to S$4.7 billion, mainly due to pre-emptive general allowances, which the group actively set aside in the third quarter to strengthen provision coverage amid rising macroeconomic uncertainties. The board recommends payment of a final dividend of 71 cents per ordinary share. With an interim dividend of 85 cents per ordinary share, the total dividend for FY25 will be S$1.56 per ordinary share, representing a payout ratio of approximately 50%. In recognizing the final dividend, the pre-emptive general provision set aside in the third quarter was excluded from the final dividend calculation…
