DBS Group Holdings Ltd (OTCMKTS:DBSDY) Downgraded by Jefferies Group LLC to “Hold”
DBSDY has been the subject of several other reports. Zacks Investment Research cut DBS Group Holdings from a buy rating to a hold rating in a research report on Wednesday, May 24th. Goldman Sachs Group, Inc. (The) cut DBS Group Holdings from a buy rating to a neutral rating in a research report on Sunday.
DBS Group Holdings (DBSDY) opened at 62.30 on Monday. The company has a market cap of $39.60 billion, a price-to-earnings ratio of 12.75 and a beta of 1.27. DBS Group Holdings has a one year low of $42.45 and a one year high of $65.94.
The firm also recently announced a None dividend, which will be paid on Monday, October 16th. Investors of record on Monday, August 14th will be given a dividend of $0.92 per share. This is a boost from DBS Group Holdings’s previous None dividend of $0.80. The ex-dividend date is Thursday, August 10th. DBS Group Holdings’s payout ratio is presently 33.88%.
About DBS Group Holdings
DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which is engaged in a range of commercial banking and financial services, principally in Asia. The Company’s operating segments include Consumer Banking/Wealth Management; Institutional Banking; Treasury, and Others.
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