DBS, OCBC, UOB STOCK: WHICH IS THE BEST BUY NOW?
DBS stock currently trades at a dividend yield of 4.63% with a Price-to-Book ratio of 1.306. Return-on-Equity is at 11.38% and the stock is 13.8% above its 52-weeks low.
OCBC stock currently trades at a dividend yield of 3.79% with a Price-to-Book ratio of 1.10. Return-on-Equity is at 11.02% and the stock is 8.9% above its 52-weeks low.
UOB stock currently trades at a dividend yield of 3.80% with a Price-to-Book ratio of 1.124. Return-on-Equity is at 10.465% and the stock is 10.6% above its 52-weeks low.
DBS pays a higher dividend and is the fast growing judging from its higher Return-On-Equity among the three local banking stocks. Despite DBS’ price rebounded higher than its two other counterparts, I also like the fact that DBS seems to be the most ready among the local big banks to embrace financial disruption and continue to diversify its businesses. These should continue to stand DBS in good stead for the years to come. STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
